Finance and income inequality revisited

Yener Altunbas; John Thornton

doi:10.1016/j.frl.2019.101355

Finance and income inequality revisited

Ysgol Busnes Albert Gubay

Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid

332 Wedi eu Llwytho i Lawr (Pure)

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In a panel of 121 developed and developing economies, financial development promotes income equality in upper-middle income countries and inequality in low- and high-income countries. Finance impacts on income inequality through both the financial institutions and financial markets channels, though the impact of the financial institutions channel is relatively larger.

Iaith wreiddiol	Saesneg
Rhif yr erthygl	101355
Cyfnodolyn	Finance Research Letters
Cyfrol	37
Dyddiad ar-lein cynnar	11 Tach 2019
Dynodwyr Gwrthrych Digidol (DOIs)	https://doi.org/10.1016/j.frl.2019.101355
Statws	Cyhoeddwyd - Tach 2020

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10.1016/j.frl.2019.101355

2019 Finance and income inequality revisitedLlawysgrif awdur wedi’i dderbyn, 445 KBTrwydded: CC BY-NC-ND

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title = "Finance and income inequality revisited",

abstract = "In a panel of 121 developed and developing economies, financial development promotes income equality in upper-middle income countries and inequality in low- and high-income countries. Finance impacts on income inequality through both the financial institutions and financial markets channels, though the impact of the financial institutions channel is relatively larger. ",

keywords = "Income inequality, Financial development, Financial institutions, Financial markets",

author = "Yener Altunbas and John Thornton",

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volume = "37",

journal = "Finance Research Letters",

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AU - Altunbas, Yener

AU - Thornton, John

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AB - In a panel of 121 developed and developing economies, financial development promotes income equality in upper-middle income countries and inequality in low- and high-income countries. Finance impacts on income inequality through both the financial institutions and financial markets channels, though the impact of the financial institutions channel is relatively larger.

KW - Income inequality

KW - Financial development

KW - Financial institutions

KW - Financial markets

U2 - 10.1016/j.frl.2019.101355

DO - 10.1016/j.frl.2019.101355

M3 - Article

SN - 1544-6123

VL - 37

JO - Finance Research Letters

JF - Finance Research Letters

M1 - 101355

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Finance and income inequality revisited

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Mynediad at Ddogfen

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