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

Rajen Mookerjee, Paul Kalipioni

Research output: Contribution to journalArticle

33 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 languageEnglish (US)
Pages (from-to)404-408
Number of pages5
JournalEmerging Markets Review
Volume11
Issue number4
DOIs
StatePublished - Dec 1 2010

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Economics and Econometrics

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