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Czasopismo
2016 | 12 | nr 2 | 36--48
Tytuł artykułu

Financial Sector Transformation and Income Inequality : an Empirical Analysis

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This paper examines the relationship between financial sector transformation and income inequality. We construct an econometric model of income concentration for a panel of 16 OECD countries in the years 1995-2009. From our study, financial sector transformation, measured individually by three indicators (GDP share of stock market value traded, bank income and private credit), emerges as a nexus of complex and interconnected phenomena, which are strongly associated with the concentration of income at the top of the distribution. (original abstract)
Czasopismo
Rocznik
Tom
12
Numer
Strony
36--48
Opis fizyczny
Twórcy
  • University of Leeds
Bibliografia
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  • Greene, W.H. (2003). Econometric Analysis. 5th Edition. New Jersey: Pearson Education.
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Typ dokumentu
Bibliografia
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Identyfikator YADDA
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