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The purpose of this paper is to study the relationship between the financial intermediation development and income distribution inequality in 16 MENA countries , over the period of 1985-2016. To control for endogeneity in estimations, the econometric method used is the System Generalized Method...
Persistent link: https://www.econbiz.de/10012913396
This paper analyses the influence of financial development on income inequality. Throughout this work, one may find the overview of theoretical and empirical literature as well as the empirical model using fixed panel data method. This research paper tries to disentangle the opposing views on...
Persistent link: https://www.econbiz.de/10012303710
Ambiguous impacts of financial development on income inequality in the literature imply that the impacts can be affected by other variables and may depend on different dimensions of financial development. This paper studies the effects of financial development with multi-dimensional analysis...
Persistent link: https://www.econbiz.de/10014503088
Financial development can exert a significant influence on the distribution of income. In this paper, using Chinese provincial data over the period of 1991-2000 and applying the generalized method of moment (GMM) techniques, we investigate the relationship between finance and inequality in rural...
Persistent link: https://www.econbiz.de/10010284548
This paper examines the effects of financial development on income inequality and poverty. The results of both cross-country and panel data regressions suggest that inequality and poverty are reduced not only through enhanced loan markets, but also through more developed stock markets. We show...
Persistent link: https://www.econbiz.de/10008748148
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011409823
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
Persistent link: https://www.econbiz.de/10011410012
This study examines the role of information sharing in modulating the effect of financial access on income inequality in 48 African countries for the period 2004-2014. Information sharing is proxied with private credit bureaus and public credit registries. All dynamics of financial development...
Persistent link: https://www.econbiz.de/10011993584
The present study investigates the incidence of financial institutions' dynamics of depth and access in the effect of income inequality on poverty and the severity of poverty in 42 Sub-Saharan African countries from 1980 to 2019. The Gini index is used to measure income inequality while poverty...
Persistent link: https://www.econbiz.de/10014280126
This research studies the extent of asymmetric responses of general fertility rate with financial development and income inequality in Bangladesh utilizing annual data from 1984-2019. We employ both linear and non- linear autoregressive distributed lag methodologies. Our study identifies a long...
Persistent link: https://www.econbiz.de/10013553635