Financial Liberalization and Income Inequality

James B. Ang ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper examines the causal relationship between financial liberalization and income inequality using India as a case study. The results indicate that there exists a robust long-run relationship between financial liberalization and income inequality, and their causal relationship is a bi-directional one.

Keywords: Financial liberalization; income inequality (search for similar items in EconPapers)
JEL-codes: O53 O16 G28 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cwa and nep-dev
Date: 2009
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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:14496

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