"While substantial research finds that financial development boosts overall economic growth, we study whether financial … development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … distinguish among competing theoretical predictions about the impact of financial development on changes in income distribution …

This paper describes our construction of the Global Financial Development Database and uses the data to compare … financial systems around the world. The database provides information on financial systems in 205 economies over the period from … 1960 to 2010 and includes measures of (1) size of financial institutions and markets (financial depth), (2) degree to which …

While substantial research finds that financial development boosts overall economic growth, we study whether financial … development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … distinguish among competing theoretical predictions about the impact of financial development on changes in income distribution …

This paper describes our construction of the Global Financial Development Database and uses the data to compare … financial systems around the world. The database provides information on financial systems in 205 economies over the period from … 1960 to 2010 and includes measures of (1) size of financial institutions and markets (financial depth), (2) degree to which …

While substantial research finds that financial development boosts overall economic growth, the authors study whether … financial development is pro-poor: Does financial development disproportionately raise the income of the poor? Using a broad … cross-country sample, the authors find that the answer is yes: Financial intermediary development reduces income inequality …

This paper describes our construction of the Global Financial Development Database and uses the data to compare … financial systems around the world. The database provides information on financial systems in 205 economies over the period from … 1960 to 2010 and includes measures of (1) size of financial institutions and markets (financial depth), (2) degree to which …