On the Relationship between Financial Development and Income Inequality

Svilena Mihaylova

Economy and Economic Theory: Problems and Interactions, Conference Proceedings 2017, 2017, issue 1, 226-235

Abstract: Despite the rising interest towards the problem of income inequality in recent years, the literature on the distributional impact of financial development is still nascent and ambiguous. The article reviews the existing theoretical and empirical research on the relationship between financial development and income inequality and tries to highlight the achievements and the challenges in this research area.

Keywords: financial development; banks; stock markets; income inequality (search for similar items in EconPapers)
JEL-codes: A00 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vra:pr1712:y:2017:i:1:p:226-235

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