This paper examines the relationship between financial sector transformation and income inequality. We construct an …

inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main … finding is that financial development contributes to reducing inequality up to a point, but as financial development proceeds … further, it contributes to greater inequality. We also find that when the ratio of primary schooling to total schooling …

inequality, the time-varying nature of the relationship, and reciprocal causality. We construct a set of annual indicators of … addition, the banking sector seems to exert a stronger impact on inequality. Finally, the relationship appears to depend on …

This paper empirically investigates the link between financial structure and income inequality. Using data for a panel … reduces income inequality. Beyond that point, inequality rises if finance is expanded via market-based financing, while it … deeper financial systems help reduce poverty and inequality in developing countries, but also with recent evidence of rising …

inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main … finding is that financial development contributes to reducing inequality up to a point, but as financial development proceeds … further, it contributes to greater inequality. We also find that when the ratio of primary schooling to total schooling …

This paper analyses the influence of financial development on income inequality. Throughout this work, one may find the … impact of the different dimensions of financial development on the level of income inequality. The important added value of … 2003 to 2014 indicate that financial access decreases income inequality. …

rising income inequality. We argue that the increasing reliance by firms on earnings realized through financial channels … substantial on all three dimensions of increased inequality. The counterfactual analysis suggests that financialization accounts …

This article examines the relationship between financial development and income inequality for selected EU countries by … ultimately causes an increase in income inequality which means there is U-shaped relationship between financial development and … income inequality. In addition, the effect of globalization on income inequality is strong and statistically significant with …

between the operation of the financial system and economic growth and inequality. While subject to ample qualifications, the …