The impact of finance on income inequality: A threshold analysis
Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid
Fersiynau electronig
Dogfennau
- Threshold_FD_GINI_EBL_Final_1_
Llawysgrif awdur wedi’i dderbyn, 287 KB, dogfen-PDF
We identify the optimal level of financial development for income inequality in a panel of countries employing a non-linear panel Generalized Method of Moments (GMM) approach. The impact of financial development is statistically significant above and below the optimal level, but its impact on income inequality is not asymmetric, with the costs of financial ‘under-development’ being greater than those for ‘over-development’.
| Iaith wreiddiol | Saesneg |
|---|---|
| Cyfnodolyn | Economics and Business Letters |
| Statws | Wedi ei Dderbyn / Yn y wasg - 12 Mai 2024 |