Financial reforms and income inequality

Using a panel of 62 countries for 1973–2005, we assess the impact of financial reforms on income inequality. We find that removal of policies towards directed credit and excessively high reserve requirements, and improvements in the securities market reduce inequality.

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Year of publication:	2012
Authors:	Agnello, Luca ; Mallick, Sushanta K. ; Sousa, Ricardo M.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 116.2012, 3, p. 583-587
Publisher:	Elsevier
Subject:	Financial reforms \| Income inequality \| Kuznets curve

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Type of publication:	Article
Classification:	D31 - Personal Income, Wealth and Their Distributions ; E44 - Financial Markets and the Macroeconomy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010594203