NOT ALL BANKS ARE EQUAL: COOPERATIVE BANKING AND INCOME INEQUALITY

This paper studies the role of different types of credit institutions in income inequality. By analyzing Italian local (provincial) credit markets over the 2001–2011 period, we find that cooperative banks mitigate income inequality in local communities more than their commercial counterparts. The re...

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Veröffentlicht in:Economic inquiry 2021-01, Vol.59 (1), p.420-440
Hauptverfasser: Minetti, Raoul, Murro, Pierluigi, Peruzzi, Valentina
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Sprache:eng
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