The impact of financial development on income inequality: A quantile regression approach

Yener Altunbaş, John Thornton

Research output: Contribution to journalArticle

15 Citations (Scopus)
4 Downloads (Pure)

Abstract

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.
Original languageEnglish
Pages (from-to)51-56
JournalEconomic Letters
Volume175
Early online date23 Dec 2018
DOIs
Publication statusPublished - Feb 2019

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