Publication:
Finance and inequality in eight Asian countries: does size matter
| DC Field | Value | |
|---|---|---|
| dc.contributor.author | Mansor H. Ibrahim | |
| dc.date.accessioned | 2019-01-04T02:21:28Z | |
| dc.date.available | 2019-01-04T02:21:28Z | |
| dc.date.issued | 2018 | |
| dc.description.abstract | The present paper seeks to assess the implications of increasing financial sector size on income inequality in eight Asian countries - Hong Kong, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, and South Korea. Adopting a panel data approach, it document a non-linear relation between income inequality and financial sector size in these countries. More precisely, the increasing financial sector size is favourable to equal income distribution only up until a size threshold, beyond which further expansion of the financial sector can worsen income distribution. The analysis further highlights the income-equalizing effect of economic growth and infrastructure development and the income un-equalizing effect of trade and government expenditures. These results are robust to alternative model specifications and to exclusion of a country at a time from the sample. | en_US |
| dc.identifier.citation | Ibrahim, M. H. (2018). Finance and inequality in eight Asian countries: does size matter. Bulletin of Monetary Economics and Banking, 21(1), 33-56. https://doi.org/10.21098/bemp.v21i1.930 | en_US |
| dc.identifier.doi | https://doi.org/10.21098/bemp.v21i1.930 | |
| dc.identifier.issn | 2460-9196 (electronic) | |
| dc.identifier.uri | https://ikr.inceif.edu.my/handle/INCEIF/3019 | |
| dc.language | English | |
| dc.language.iso | eng | en_US |
| dc.publisher | Bank Indonesia | en_US |
| dc.rights | 2018. Bank Indonesia | |
| dc.source | SEDONA | |
| dc.subject | Income inequality | en_US |
| dc.subject | Financial sector size | en_US |
| dc.subject | Asian countries | en_US |
| dc.title | Finance and inequality in eight Asian countries: does size matter | en_US |
| dc.type | Journal Article | en_US |
| dlc.maintopic | Conventional finance | en_US |
| dlc.subtopic | Conventional finance::Economics | en_US |
| dspace.entity.type | Publication | |
| ikr.doctype | Scholarly Works | |
| ikr.topic.maintopic | Conventional finance | en_US |
| ikr.topic.subtopic | Conventional finance::Economics | en_US |
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| relation.isAuthorOfPublication.latestForDiscovery | a45f0c66-a9b7-4f24-b073-1c875276163a | |
| Appears in Collections |