Income Inequality & Public Debt: Research Insights 📊

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This research explores the relationship between income inequality and public debt using data from 1970 to 2030, leveraging fixed-effects regression models with control variables like inflation and unemployment. The study finds no significant link between inequality and debt but highlights external debt's association. It discusses data quality, macroeconomic challenges, and provides policy insights, emphasizing the need for further research into fiscal impacts within diverse contexts.