Financial development and income inequality: a panel data approach

We analyzed the link between financial development and income inequality for a broad unbalanced dataset of up to 138 developed and developing countries over the years 1960–2008. Using credit to GDP as a measure of financial development, our results reject theoretical models predicting a negative imp...

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Veröffentlicht in:	Empirical economics 2016-08, Vol.51 (1), p.291-314
Hauptverfasser:	Jauch, Sebastian, Watzka, Sebastian
Format:	Artikel
Sprache:	eng
Schlagworte:	Banking industry Conferences Datasets Developing countries Econometrics Economic development Economic growth Economic theory Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Finance GDP Gross Domestic Product Income distribution Income inequality Industrialized nations Insurance LDCs Management Society Statistics for Business Studies Wealth
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