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The impact of financial development on income inequality : A quantile regression approach. / Altunbas, Yener; Thornton, John.

In: Economics Letters, 02.2019, p. 51-56.

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TY - JOUR

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 - Letter

SP - 51

EP - 56

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

ER -