Finance and income inequality: A review and new evidence
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Jauch and Watzka (2016) and Haan and Sturm (2017) find that measures of financial development are associated with increases in income inequality.
“Using panel data, Jauch and Watzka (2016) and ©International Monetary Fund.Not for Redistribution Haan and Sturm (2017) find that measures of financial development are associated with increases in income inequality.”
From Finance, Growth, and Inequality (2021) · cites this paper as Haan and Sturm (2017)
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Cites
La Porta, R., Lopez‐de‐Silanes, F., Shleifer, A., & Vishny, R. W. (1998) · Journal of Political Economy · doi:10.1086/250042 · Cited by 18,025 · see citing works
Understanding Interaction Models: Improving Empirical Analyses
Brambor, T., Clark, W. R., & Golder, M. (2006) · Political Analysis · doi:10.1093/pan/mpi014 · Cited by 6,223 · cited 1× · see citing works
“15 Most studies discussed in section 2 that consider interactions draw conclusions on the basis of the significance of the interaction term, which generally is not the proper way to deal with interactions as shown by Brambor et al. (2006).”
Chapter 12 Finance and Growth: Theory and Evidence
Levine, R. (2005) · Handbook of Economic Growth · doi:10.1016/s1574-0684(05)01012-9 · Cited by 2,889 · see citing works
Financial development and income inequality: a panel data approach
Jauch, S., & Watzka, S. (2016) · Empirical Economics · doi:10.1007/s00181-015-1008-x · Cited by 372 · see citing works
Financial reforms and income inequality
Agnello, L., Mallick, S. K., & Sousa, R. M. (2012) · Economics Letters · doi:10.1016/j.econlet.2012.06.005 · Cited by 197 · see citing works
The effect of financial deepening on inequality: Some international evidence
Hamori, S., & Hashiguchi, Y. (2012) · Journal of Asian Economics · doi:10.1016/j.asieco.2011.12.001 · Cited by 142 · see citing works
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Research works printed but not linked: 7
- Acemoglu, D., Robinson, J.A., 2013. Why Nations Fail. The Origins of Power, Prosperity and Poverty. Penguin Random House, New York.
- Bergh, A., 2005. On the counterfactual problem of welfare state research: how can we measure redistribution? Eur. Sociol. Rev. 21 (4), 345-357.
- Dreher, A., 2006. Does globalization affect growth? Evidence from a new index of globalization. Appl. Econ. 38 (10), 1091-1110.
- Galbraith, J.K., 2012. Inequality and instability. Oxford University Press, Oxford.
- Levine, R., 2005. Finance and growth: theory and evidence. In: Aghion, P., Durlauf, S. (Eds.), Handbook of Economic Growth. Elsevier, Amsterdam, 865-934.
- Rancière, R., Tornell, A., Westermann, F., 2008. Financial liberalization. In: Durlauf, S.N., Blume, L.E. (eds.), The New Palgrave Dictionary of Economics, Second Edition, 2008.
- Sturm, J.-E., de Haan, J., 2015. Income inequality, capitalism and ethno-linguistic fractionalization. Am. Econ. Rev. (Pap. Proc.) 105, 593-597.
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Finance, Growth, and Inequality
Levine, R. (2021) · IMF Working Papers · doi:10.5089/9781513583365.001 · Cited by 62 · see citing works
Finance, distribution and the economic objective of financial cooperative institutions
KHAFAGY, A. (2019) · Annals of Public and Cooperative Economics · doi:10.1111/apce.12216 · Cited by 10 · see citing works
- Authors
- de Haan, J., & Sturm, J.-E.
- Affiliations
- ETH Zurich (CH)
- Corresponding author
- Sturm, Jan-Egbert
- ORCID
- Sturm, Jan-Egbert
- Venue
- European Journal of Political Economy
- Publisher
- Elsevier BV
- Published
- 2017-12
- Volume
- 50
- Pages
- 171-195
- ISSN
- 0176-2680 (ISSN-L)
- OpenAlex
- W2513638773
- Cited by
- 465
- References
- 6
- Citations by year
- 2026: 36 · 2025: 48 · 2024: 53 · 2023: 75 · 2022: 65 · 2021: 56 · 2020: 54 · 2019: 51 · 2018: 23 · 2017: 4
- FWCI
- 86.42
- Type
- journal article
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- European Journal of Political Economy (publishedVersion)
- University of Groningen research database (University of Groningen / Centre for Information Technology) (publishedVersion, other-oa)
- University of Groningen research database (University of Groningen / Centre for Information Technology) (submittedVersion, other-oa)
- Funders
- Deakin University
- Topics
- Social Sciences › Sociology and Political Science › Income, Poverty, and Inequality
- Physical Sciences › Computer Science › Information Systems › Economic Growth and Development
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Keywords
- income inequality, financial development, financial liberalization, banking crisis, political institutions, economic institutions, cross-national comparison, legal origins
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