Using a panel fixed effects model for a sample of 121 countries covering 1975–2005, we
examine how financial development, financial liberalization and banking crises are related …

Although theory emphasizes the role of financial market frictions in explaining income
inequality, there is little empirical research exploring how financial development and …

Although there are distinct conjectures about the relationship between finance and income
inequality, little empirical research compares their explanatory power. We examine the …

We analyzed the link between financial development and income inequality for a broad
unbalanced dataset of up to 138 developed and developing countries over the years 1960 …

In a panel of 121 developed and developing economies, financial development promotes
income equality in upper-middle income countries and inequality in low-and high-income …

Financial reforms and income inequality - ScienceDirect Skip to main contentSkip to article
Elsevier logo Journals & Books Search RegisterSign in View PDF Download full issue Search …

Using data from OECD countries over the past three decades, this paper shows that
financial expansion has fuelled greater income inequality. Higher levels of credit …

This paper empirically investigates the link between financial structure and income
inequality. Using data for a panel of 97 economies over the period 1989-2012, we find that …

Despite recent studies showing the impact of finance on rising income inequality in the USA,
few studies examine this effect from a comparative perspective. Drawing on the 'Varieties of …

Instead of empirically finding that higher levels of financial development reduce the positive
impact of financial liberalization on inequality, as others do, we come up with the opposite …