Financial reforms and income inequality

被引:146
作者
Agnello, Luca [1 ,2 ]
Mallick, Sushanta K. [3 ]
Sousa, Ricardo M. [4 ,5 ]
机构
[1] Banque France, Serv Etud Polit Finances Publ FIPU, F-75001 Paris, France
[2] Univ Palermo, Dept Econ Business & Finance, I-90128 Palermo, Italy
[3] Queen Mary Univ London, Sch Business & Management, London, England
[4] London Sch Econ, FMG, London, England
[5] Univ Minho, Econ Policies Res Unit NIPE, P-4719 Braga, Portugal
关键词
Financial reforms; Income inequality; Kuznets curve; ECONOMIC-GROWTH; POLITICAL-ECONOMY; BANKING;
D O I
10.1016/j.econlet.2012.06.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a panel of 62 countries for 1973-2005, we assess the impact of financial reforms on income inequality. We find that removal of policies towards directed credit and excessively high reserve requirements, and improvements in the securities market reduce inequality. (c) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:583 / 587
页数:5
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