Financial reforms and income inequality

Luca Agnello (), Sushanta Mallick () and Ricardo Sousa

Economics Letters, 2012, vol. 116, issue 3, 583-587

Abstract: 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.

Keywords: Financial reforms; Income inequality; Kuznets curve (search for similar items in EconPapers)
JEL-codes: D31 E44 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (98)

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Working Paper: Financial Reforms and Income Inequality (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:116:y:2012:i:3:p:583-587

DOI: 10.1016/j.econlet.2012.06.005

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