This paper examines the relationship between changes in the financial sector and the increasing inequality in Germany. For this, first an overview about the development of the main inequality indicators for Germany is given, which show inequality has been rising since the 1980s. Thereafter, the...

Our study examines the dynamics between variations in bank regulatory policies and the income distribution, using an IMF database of quantified measures for financial reforms as well as the Standardized World Income Inequality Database (SWIID). The unbalanced panel comprises 36 developed...

In capitalist economies, money is a strategic asset as liquidity is desirable since the future is unknown and uncertainty exists. In these economies, banks are key agents, being creators of endogenous money. And like all capitalist agents, banks make decisions in pursuit of capital valorization...