關鍵字查詢 | 類別:期刊論文 | | 關鍵字:Nonlinearity in the financial development-income inequality nexus

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序號 學年期 教師動態
1 100/1 經濟系 林淑琴 教授 期刊論文 發佈 Nonlinearity in the financial development-income inequality nexus , [100-1] :Nonlinearity in the financial development-income inequality nexus期刊論文Nonlinearity in the financial development-income inequality nexusKim, Dong-Hyeon; Lin, Shu-Chin; Suen, Yu-Bo淡江大學經濟學系Waltham: Academic PressJournal of Comparative Economics 39(3), pp.310-325The majority of theoretical studies on the relationship between income inequality and financial development argue that financial deepening might be a feasible instrument for improving income distribution. This paper finds that the prediction crucially depends on the stages of financial development that the country is undergoing. The benefits of financial depth only occur if the country has reached a threshold level of financial development. Below this critical value, financial development counteracts income inequality. Our policy implication is that a minimum level of financial development is a necessary precondition for achieving reduction in income inequality through financial development.tp_sn: 438241;tku_id: 000105030@@dds
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