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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w10979 |
来源ID | Working Paper 10979 |
Finance, Inequality, and Poverty: Cross-Country Evidence | |
Thorsten Beck; Asli Demirguc-Kunt; Ross Levine | |
发表日期 | 2004-12-13 |
出版年 | 2004 |
语种 | 英语 |
摘要 | While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions about the impact of financial development on changes in income distribution and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the incomes of the poor. Countries with better-developed financial intermediaries experience faster declines in measures of both poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse causality. |
主题 | Development and Growth ; Development ; Financial Economics |
URL | https://www.nber.org/papers/w10979 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568613 |
推荐引用方式 GB/T 7714 | Thorsten Beck,Asli Demirguc-Kunt,Ross Levine. Finance, Inequality, and Poverty: Cross-Country Evidence. 2004. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w10979.pdf(281KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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