The impact of financial development on income inequality: A quantile regression approach
Research output: Contribution to journal › Article › peer-review
Electronic versions
Documents
- 2018 Impact Altunbas_Thornton
Accepted author manuscript, 472 KB, PDF document
Licence: CC BY-NC-ND Show licence
DOI
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
| Original language | English |
|---|---|
| Pages (from-to) | 51-56 |
| Journal | Economics Letters |
| Volume | 175 |
| Early online date | 23 Dec 2018 |
| DOIs | |
| Publication status | Published - Feb 2019 |
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