Finance and income inequality revisited

Allbwn ymchwil: Cyfraniad at gyfnodolynErthygl

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Finance and income inequality revisited. / Altunbas, Yener; Thornton, John.

Yn: Finance Research Letters, Cyfrol 37, 101355, 11.2020.

Allbwn ymchwil: Cyfraniad at gyfnodolynErthygl

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Altunbas, Yener ; Thornton, John. / Finance and income inequality revisited. Yn: Finance Research Letters. 2020 ; Cyfrol 37.

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TY - JOUR

T1 - Finance and income inequality revisited

AU - Altunbas, Yener

AU - Thornton, John

PY - 2020/11

Y1 - 2020/11

N2 - 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.

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

VL - 37

JO - Finance Research Letters

JF - Finance Research Letters

SN - 1544-6123

M1 - 101355

ER -