會議論文
| 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 | en_US |
| 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 | TWN |
| 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 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/107442 ) |