Globalization and Income Inequality: Does the Level of Financial Development Matter?

Roohollah Zare
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Roohollah Zare: Islamic Azad University, Beyza Branch

Journal of Money and Economy, 2019, vol. 14, issue 2, 159-175

Abstract: This paper examines the impact of globalization on income inequality in a panel of 78 developed and developing countries over 2002–2015. Moreover, the indirect effect of financial development in the link between globalization and income inequality is also analyzed by incorporating the interaction term between globalization and financial development. The empirical

Keywords: globalization; financial development; income inequality; GMM (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:mbr:jmonec:v:14:y:2019:i:2:p:159-175

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