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 …

We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted … economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our … results suggest that there is no robust relationship between economic freedom and income inequality. In addition, we analyze …

This paper examines the impact of labour market and product market reforms on income inequality for 25 OECD countries …. Our results suggest that both types of (endogenized) reforms cause more income inequality. Consistent with this finding is … that counter-reforms lead to less income inequality. However, the inequality-raising effects of reforms occur especially in …