This paper uses the asymmetric dynamic conditional correlation model developed by Cappiello et al. (2006) to analyze the correlation between the Japanese and Singaporean stock markets and makes two principal findings. First, it finds that financial integration has advanced because of the...

This paper uses an unbalanced panel data analysis of 126 countries for the period 1963–2002 to analyze the effects of financial deepening on inequality. The principal findings can be summarized as follows: (1) financial deepening reduces inequality; (2) economic growth reduces the equalizing...

Using the 2004 and 2006 pooling data from the China Health and Nutrition Survey (CHNS) questionnaire, this paper studies the differences between male and female employment in urban China, taking into account the interdependence between the decision of women to participate in the workforce and...