Financial development and income inequality in Africa

Financial development and income inequality in rural China 1991 - 2000

Financial development can exert a significant influence on the distribution of income. In this paper, using Chinese provincial data over the period of 1991-2000 and applying the generalized method of moment (GMM) techniques, we investigate the relationship between finance and inequality in rural China by testing alternative existing theories concerning the finance-inequality nexus. A negative a...

Globalization and Income Inequality: Does the Level of Financial Development Matter?

This paper examines the impact of globalization on income inequality in a panel of 78 developed and developing countries over 2002–2015. Moreover, the indirect effect of financial development in the link between globalization and income inequality is also analyzed by incorporating the interaction term between globalization and financial development. The empirical evidence based on the first-dif...

Financial Development And The Distribution Of Income In MENA

Investigating the Factors Affecting Income Inequality in Iran with Emphasis on Financial Depth and Education

The main purpose of this article is to investigate the factors affecting Iranchr('39')s income inequality in the period 1352 to 1396. For this purpose, causal relationships were first investigated using Hsiao and Toda-Yamamato causality tests. Then the effects of effective factors were estimated using error correction patterns.The results of causal tests in general showed that there is a causal...

Financial Market Policies to Reduce Income Inequality

1 The study employs the Deininger and Squire (1996) set of Gini coefficients for 49 developed and developing countries from 1947-94. It uses five-year averages of these and all explanatory variable data. Previous chapters of this report have emphasized the role of factor prices, and particularly the wages of unskilled workers, as a key determinant of income inequality. Through their impact on f...