| Variables | GINI |
| Lag GINI | 0.148*** |
| (0.0236) | |
| FII | −0.558*** |
|
| (0.152) |
| UNEMP | 0.0222** |
|
| (0.00890) |
| SE | −0.00142 |
|
| (0.00389) |
| PS | −0.0967** |
|
| (0.0409) |
| CORP | −0.00831* |
|
| (0.00436) |
| Constant | −0.445 |
|
| (0.293) |
| Observations | 269 |
| Groups/Instruments | 11 |
| AR(2) test | 0.156 |
| Hansen test | 0.622 |