Showing 1 - 3 of 3
cross-country sample, the authors find that the answer is yes: Financial intermediary development reduces income inequality …
Persistent link: https://www.econbiz.de/10005129356
The author explores a possible link between financial development and trade in manufactures. His theoretical model focuses on the role of financial intermediaries in facilitating large-scale, high-return projects. Results show that economies with better developed financial sectors have a...
Persistent link: https://www.econbiz.de/10005133690
lowered income inequality by affecting labor market conditions, not by boosting the business income of the poor, nor by … account for the bulk of the explained drop in income inequality. …
Persistent link: https://www.econbiz.de/10005030475