Write an Essay on how Income Inequality affect Human development?

Write an Essay on how Income Inequality affect Human development?

The essay should include:

Statement of the research problem: What are the objectives of the research? What are the main research questions? What are the hypotheses tested? Why are they important (for policy and/or research)? A succinct literature review helps here.
Comments on the data: Are there any issues related to the nature and quality of the data? Do these likely affect analyses?

Descriptive statistics: Before diving into the econometric analyses, please present simple descriptive statistics. Descriptive statistics provide contextual material and inform econometric analyses.

Econometric analysis: Present and discuss the choice of empirical specification, strengths and weaknesses of the estimation method, robustness checks, specification tests and results.

Conclusions: Highlight the main results with a discussion of implications for further research and/or policy.