Financial Liberalization and Income Inequality
AbstractThis paper examines the causal relationship between financial liberalization and income inequality using India as a case study. The results indicate that there exists a robust long-run relationship between financial liberalization and income inequality, and their causal relationship is a bi-directional one.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 14496.
Date of creation: 2009
Date of revision:
Financial liberalization; income inequality;
Find related papers by JEL classification:
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
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