Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060282 | Economics Letters | 2012 | 5 Pages |
Abstract
⺠We show that financial reforms help narrow income inequality. ⺠Elimination of high reserve requirements is effective to reduce inequality. ⺠Removal of policies towards directed credit promotes income equality. ⺠Improvements in the securities market bring inequality down.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Luca Agnello, Sushanta K. Mallick, Ricardo M. Sousa,