The study applied the system generalized method of moments (SGMM) to analyse data and the findings showed that each dimension of financial development had a varying impact on income inequality. Access, stability
Income inequalityFinancial developmentEconomic riskFinancial riskPolitical riskPanel smooth transition regressionThis study explores the non-linear effects of both finance development and country risks on income inequality when countries' risk changes through a broad sample of 59 countries over the period ...
This article aims at investigating the long-run relationship between financial development and income inequality in China using Autoregressive Distributed Lag (ARDL) model from 1978 to 2006. The results suggest that there exists a strong relationship between the Gini coefficient and financial development,...
However, the literature on the nexus between financial development and income distribution is still nascent. Therefore, this paper aims to examine the relationship between financial development and income inequality and poverty. This extensive study bears two purposes in mind: First, to parse the ...
Financial development and income inequality in rural China 1991 2018.pdf 热度: income inequality and saving 热度: Cyn-YoungParkandRogelioV.Mercado,Jr.(dbeco)omicso(ki)gp(pe)se(ies).426anuary2015 ASIANDEVELOPMENTBANK ADBEconomicsWorkingPaperSeries ...
Financial inclusion has been gaining attention among scholars and it has been promoted as a key pillar for achieving most of the seventeen United Nations’ Sustainable Development Goals. The aim of this study is to determine the impact of financial inclusion on poverty and income inequality in sele...
Financial developmentinequalitypovertyThis paper examines the effects of financial development on income inequality and poverty. The results of both cross-country and panel data regressions suggest that inequality and poverty are reduced not only through enhanced loan markets, but also through more ...
Shahbaz, M., Islam, F.: Financial development and income inequality in Pakistan: an application of ARDL approach. J. Econ. Dev.36, 35–58 (2011) Google Scholar Schumpeter, J.A.: The Theory of Economic Development; an Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle...
Income InequalityNigeriaThere is a consensus within economic literature that financial sector development has a positive impact on economic growth. However, its effect on income inequaIsah, AbdulrasheedHamzat, SoliuSocial Science Electronic Publishing...
Financial Development and Income Inequality: Evidence From Advanced, Emerging and Developing Economies Carolyn Chisadzaand Mduduzi Biyase Vol. 18, No. 01 DYNAMIC LINKAGES AND INTEGRATION AMONG FIVE EMERGING BRICS MARKETS: PRE- AND POST-BRICS PERIOD ANALYSIS ...