| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w15275 |
| 来源ID | Working Paper 15275 |
| Finance and Inequality: Theory and Evidence | |
| Asli Demirguc-Kunt; Ross Levine | |
| 发表日期 | 2009-08-20 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | This paper critically reviews the literature on finance and inequality, highlighting substantive gaps in the literature. Finance plays a crucial role in most theories of persistent inequality. Unsurprisingly, therefore, economic theory provides a rich set of predictions concerning both the impact of finance on inequality and about the relevant mechanisms. Although subject to ample qualifications, the bulk of empirical research suggests that improvements in financial contracts, markets, and intermediaries expand economic opportunities and reduce inequality. Yet, there is a shortage of theoretical and empirical research on the potentially enormous impact of formal financial sector policies, such as bank regulations and securities law, on persistent inequality. Furthermore, there is no conceptual framework for considering the joint and endogenous evolution of finance, inequality, and economic growth. |
| 主题 | Financial Economics ; Development and Growth ; Development ; Growth and Productivity |
| URL | https://www.nber.org/papers/w15275 |
| 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/572949 |
| 推荐引用方式 GB/T 7714 | Asli Demirguc-Kunt,Ross Levine. Finance and Inequality: Theory and Evidence. 2009. |
| 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 | ||
| w15275.pdf（198KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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