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Local financial access and income inequality in Chile

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  • Valdebenito, Arielis
  • Pino, Gabriel

Abstract

This paper proposes a local financial access indicator which captures the accessibility of localities isolated from urban centers. As a case of study, we use Chilean data to show that higher level of local financial access reduces income inequality.

Suggested Citation

  • Valdebenito, Arielis & Pino, Gabriel, 2022. "Local financial access and income inequality in Chile," Economics Letters, Elsevier, vol. 210(C).
    • Handle: RePEc:eee:ecolet:v:210:y:2022:i:c:s0165176521004365
    DOI: 10.1016/j.econlet.2021.110170
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    References listed on IDEAS

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    7. Asli Demirgüç-Kunt & Ross Levine, 2009. "Finance and Inequality: Theory and Evidence," Annual Review of Financial Economics, Annual Reviews, vol. 1(1), pages 287-318, November.
    8. Lessmann, Christian & Seidel, André, 2017. "Regional inequality, convergence, and its determinants – A view from outer space," European Economic Review, Elsevier, vol. 92(C), pages 110-132.
    9. Thorsten Beck & Asli Demirgüç-Kunt & Ross Levine, 2007. "Finance, inequality and the poor," Journal of Economic Growth, Springer, vol. 12(1), pages 27-49, March.
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    Cited by:

    1. Xuan T. T. Pham & Thu B. Luu, 2024. "Effect of FinCredit on income inequality: the moderating role of financial inclusion," Review of Quantitative Finance and Accounting, Springer, vol. 62(3), pages 953-969, April.
    2. Cruz-García, Paula & Peiró-Palomino, Jesús, 2023. "Does bank branch density reduce income inequality in the Spanish provinces?," Finance Research Letters, Elsevier, vol. 58(PD).

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    More about this item

    Keywords

    Financial access; Income inequality;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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