教師資料查詢 | 類別: 會議論文 | 教師: 林佩蒨 Pei-chien Lin (瀏覽個人網頁)

標題:The long-run distributive effect of financial liberalization
學年104
學期2
發表日期2016/05/27
作品名稱The long-run distributive effect of financial liberalization
作品名稱(其他語言)
著者Pei-Chien Lin=林佩蒨
作品所屬單位
出版者
會議名稱2016總體理論與計量模型學術研討會
會議地點淡江大學, 台北, 台灣
摘要This paper assesses the impact of financial liberalization on income inequality. By applying the pooled mean group (PMG) estimator of Pesaran et al. (1999) to a panel of data consisting of up to 58 countries over 1973-2005, this study finds that financial liberalization will worsen income distribution in the long run. Furthermore, it also shows that the distributive impact of financial liberalization on inequality varies in different regions, with a positive and statistically significant (long-run) relationship between financial liberalization and income inequality being found in the advanced, Latin American, and other country groups, but with no such relationship being found for emerging Asian countries. Finally, liberalization in the banking system seems to help reduce income inequality in advanced countries, but not in the less advanced country group. Moreover, liberalization in capital markets consistently worsens income distribution in both country groups.
關鍵字Income inequality;Financial liberalization;Pooled mean group
語言英文(美國)
收錄於
會議性質國內
校內研討會地點淡水校園
研討會時間20160527~20160527
通訊作者
國別中華民國
公開徵稿
出版型式
出處2016總體理論與計量模型學術研討會會議論文集
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