Availability of financial services and income inequality: The evidence from many countries

Rajen Mookerjee; Paul Kalipioni

doi:10.1016/j.ememar.2010.07.001

Availability of financial services and income inequality: The evidence from many countries

Rajen Mookerjee, Paul Kalipioni

Penn State Beaver

Research output: Contribution to journal › Article › peer-review

84 Scopus citations

Abstract

Using a sample of developed and developing countries this study empirically gauges the impact of the availability of financial services, as measured by the number of bank branches per 100,000 populations on income inequality. The results show that greater access to bank branches robustly reduces income inequality across countries. The study also documents that barriers to bank access significantly increases income inequality.

Original language	English (US)
Pages (from-to)	404-408
Number of pages	5
Journal	Emerging Markets Review
Volume	11
Issue number	4
DOIs	https://doi.org/10.1016/j.ememar.2010.07.001
State	Published - Dec 1 2010

All Science Journal Classification (ASJC) codes

Business and International Management
Economics and Econometrics

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.ememar.2010.07.001

Cite this

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abstract = "Using a sample of developed and developing countries this study empirically gauges the impact of the availability of financial services, as measured by the number of bank branches per 100,000 populations on income inequality. The results show that greater access to bank branches robustly reduces income inequality across countries. The study also documents that barriers to bank access significantly increases income inequality.",

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AB - Using a sample of developed and developing countries this study empirically gauges the impact of the availability of financial services, as measured by the number of bank branches per 100,000 populations on income inequality. The results show that greater access to bank branches robustly reduces income inequality across countries. The study also documents that barriers to bank access significantly increases income inequality.

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Availability of financial services and income inequality: The evidence from many countries

Abstract

All Science Journal Classification (ASJC) codes

UN SDGs

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