Wealth and income inequality in a monetary economy

2021 ◽  
Author(s):  
Yoichi Gokan ◽  
Stephen J. Turnovsky
Keyword(s):  
Income Inequality ◽  
Monetary Economy

Credit Market Depth and Income Inequality in Vietnam: A Panel-Data Analysis

2016 ◽  
pp. 5-18
Author(s):  
Hoi Le Quoc ◽  
Hoi Chu Minh
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Income Inequality ◽  
Financial Development ◽  
Inflection Point ◽  
Panel Data Analysis ◽  
Credit Market ◽  
Method Of Moment ◽  
Market Depth ◽  
Generalized Method Of Moment

Financial development could exert various effects on income distribution of a country. By employing Generalized Method of Moment, this paper aims at examining the impacts of credit market depth, one of most used financial development barometers, on income inequality in Vietnam. The empirical findings show that expanding credit market in the country could lead to higher income inequality. We have not found evidence that supports the hypothesis of an inverted U-shaped relation ever introduced by Greenwood and Jovanovich, although this hypothesis may still hold in a sense that Vietnam has not reached to the inflection point to generate such a curve alike.

Impact of Financial Development on Income Inequality in Vietnam

2016 ◽  
Vol 23 (2) ◽  
pp. 22-37 ◽  
Author(s):  
CHU MINH HOI ◽  
LE QUOC HOI
Keyword(s):  
Income Inequality ◽  
Financial Development
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