In this paper we examine the impact of inflation on financial development in Brazil. The data available permit us to cover the eventful period between 1985 and 2002 and the results - based initially on time series and then on panel time series data and analysis, and robust for different...

We examine in this paper the impact that financial development had on earnings inequality in Brazil in the 1980s and 1990s. The empirical evidence presented - based initially on time series, and then on panel time series and panel data and analysis - shows that broader access to financial and...

We examine in this paper how macroeconomic performance, mainly in the role of high and volatile rates of inflation, affected earnings inequality in the 1980s and early 1990s in Brazil. The empirical evidence presented shows that the extreme inflation, combined with the incomplete indexation...

This paper examines the role of financial development on U.S. state-level income inequality in the 50 states from 1976 to 2011, using fixed-effect estimation. We find robust results whereby financial development linearly increases income inequality for the 50 states. When we divide 50 states...