The impact of financial development on income inequality: A quantile regression approach

Yener Altunbas; John Thornton

doi:10.1016/j.econlet.2018.12.030

The impact of financial development on income inequality: A quantile regression approach

Ysgol Busnes Albert Gubay

Office of Technical Assistance, US Department of the Treasury

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In a panel of 121 countries, the impact of financial development on income inequality appears to change with a country's level of income. It promotes equality across inequality quantiles in upper-middle income countries, and it promotes inequality across inequality quantiles in low- and high-income countries.

Iaith wreiddiol	Saesneg
Tudalennau (o-i)	51-56
Cyfnodolyn	Economics Letters
Cyfrol	175
Dyddiad ar-lein cynnar	23 Rhag 2018
Dynodwyr Gwrthrych Digidol (DOIs)	https://doi.org/10.1016/j.econlet.2018.12.030
Statws	Cyhoeddwyd - Chwef 2019

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10.1016/j.econlet.2018.12.030

2018 Impact Altunbas_ThorntonLlawysgrif awdur wedi’i dderbyn, 472 KBTrwydded: CC BY-NC-ND

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@article{4763c187fc6349279106ee8e32e5ad32,

title = "The impact of financial development on income inequality: A quantile regression approach",

abstract = "In a panel of 121 countries, the impact of financial development on income inequality appears to change with a country's level of income. It promotes equality across inequality quantiles in upper-middle income countries, and it promotes inequality across inequality quantiles in low- and high-income countries. ",

keywords = "Income inequality, Financial development, Quantile regression",

author = "Yener Altunbas and John Thornton",

year = "2019",

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doi = "10.1016/j.econlet.2018.12.030",

language = "English",

volume = "175",

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journal = "Economics Letters",

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T1 - The impact of financial development on income inequality

T2 - A quantile regression approach

AU - Altunbas, Yener

AU - Thornton, John

PY - 2019/2

Y1 - 2019/2

N2 - In a panel of 121 countries, the impact of financial development on income inequality appears to change with a country's level of income. It promotes equality across inequality quantiles in upper-middle income countries, and it promotes inequality across inequality quantiles in low- and high-income countries.

AB - In a panel of 121 countries, the impact of financial development on income inequality appears to change with a country's level of income. It promotes equality across inequality quantiles in upper-middle income countries, and it promotes inequality across inequality quantiles in low- and high-income countries.

KW - Income inequality

KW - Financial development

KW - Quantile regression

U2 - 10.1016/j.econlet.2018.12.030

DO - 10.1016/j.econlet.2018.12.030

M3 - Article

SN - 0165-1765

VL - 175

SP - 51

EP - 56

JO - Economics Letters

JF - Economics Letters

ER -

The impact of financial development on income inequality: A quantile regression approach

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