Electronic versions


  • 2018 Impact Altunbas_Thornton

    Accepted author manuscript, 471 KB, PDF-document

    Embargo ends: 23/12/20

    Licence: CC BY-NC-ND Show licence


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.


  • Income inequality, Financial development, Quantile regression
Original languageEnglish
Pages (from-to)51-56
JournalEconomics Letters
Early online date23 Dec 2018
Publication statusPublished - Feb 2019
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