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On the Relationship between Financial Development and Income Inequality

Author

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  • Svilena Mihaylova

    (University of Economics - Varna)

Abstract

Despite the rising interest towards the problem of income inequality in recent years, the literature on the distributional impact of financial development is still nascent and ambiguous. The article reviews the existing theoretical and empirical research on the relationship between financial development and income inequality and tries to highlight the achievements and the challenges in this research area.

Suggested Citation

  • Svilena Mihaylova, 2017. "On the Relationship between Financial Development and Income Inequality," Economy and Economic Theory: Problems and Interactions, Conference Proceedings 2017, Department of Economics, University of Economics - Varna, issue 1, pages 226-235, December.
    • Handle: RePEc:vra:pr1712:y:2017:i:1:p:226-235
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    More about this item

    Keywords

    financial development; banks; stock markets; income inequality;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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