Journal
ECONOMICS LETTERS
Volume 116, Issue 3, Pages 583-587Publisher
ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2012.06.005
Keywords
Financial reforms; Income inequality; Kuznets curve
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Using a panel of 62 countries for 1973-2005, we assess the impact of financial reforms on income inequality. We find that removal of policies towards directed credit and excessively high reserve requirements, and improvements in the securities market reduce inequality. (c) 2012 Elsevier B.V. All rights reserved.
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