Financial development, income inequality, and institutional quality: A multi-dimensional analysis

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...

Effect of financial development and institutional quality on the environmental degradation in developed and developing countries

Environmental pollutants have become a dreadful problem and burning issues for the present world irrespective of a country who is responsible for it. The objective of the study is to investigate impact of financial development and institutional quality on environmental degradation. The study is based on panel data for developing and developed countries over the time of 1996-2016. For the empiri...

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...

Financial Development And The Distribution Of Income In MENA

INCOME DISTRIBUTION, GROWTH AND FINANCIAL DEVELOPMENT A Cross Countries Analysis

Income inequality is an important economic issue faced by most of the developed and developing countries. Many attempts have been made to identify a link between economic growth and income inequality in the past. However, the literature is not conclusive about the relationship between economic development and income inequality. This study attempts to analyze the factors responsible for income i...