traditional banks to modernize their core business activities. Many banks tackle the challenges of digitalization by cooperating … with startup firms that offer technology-driven financial services (fintechs). In this paper, we examine which banks … covering the largest banks from Canada, France, Germany, and the United Kingdom, we provide detailed evidence on the different …

development, financial liberalization and banking crises are related to income inequality. In contrast with most previous work …, our results suggest that all finance variables increase income inequality. The level of financial development conditions … the impact of financial liberalization on inequality. Also the quality of political institutions conditions the impact of …

wealth inequality, all else equal. Stock market booms primarily boost the wealth of households at the top of the distribution …

easy-to-use toolbox. Our method extends standard linearization techniques and is designed to work in cases when inequality … factor-specific productivity shocks shape dynamics of income and consumption inequality …

investigate the impact of differences in the strength of financial institutions and wealth inequality on trade flows, capital … greater wealth inequality will export the output of the financially dependent sector, will import capital and will be a (net …

In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy … social mobility increases. Using data on happiness and a broad set of fairness measures from the World Values Survey, we find …

Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source … source and five destination countries we find selective migration determined by relative anthropometric inequality in source … and destination countries. Other inequality measures confirm this. The results remain robust in OLS and Arellano …

We develop a model of international trade between two symmetric countries that features inter-group inequality between … entrepreneurs and workers, and also intra-group inequality within each of those two groups. Individuals in the economy are … increases if this selection effect is sufficiently strong. Gains from trade are accompanied by larger inequality along multiple …

financial development. We find the strongest effects for private bond-market capitalization, while FDI, private credit by banks …

We analyze the link between financial development and income inequality for a broad unbalanced dataset of up to 138 … results reject theoretical models predicting a negative impact of financial development on income inequality measured by the … positive effect on income inequality. These results are robust to different measures of financial development, econometric …