Article ID Journal Published Year Pages File Type
5092491 Journal of Comparative Economics 2011 16 Pages PDF
Abstract
► A study on the relationship between income inequality and financial development. ► We use the instrumental-variable threshold regressions approach. ► We find that the nexus crucially depends on the stages of financial development. ► A threshold level of financial development is necessary. ► For achieving reduction in income inequality through financial development.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Nonlinearity in the financial development-income inequality nexus
Authors
, ,