Download the fantastic book titled Finance Inequality and Poverty written by Thorsten Beck, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Finance Inequality and Poverty", which was released on 20 May 2024. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Finance genre.
Summary of Finance Inequality and Poverty by Thorsten Beck PDF
"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions about the impact of financial development on changes in income distribution and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the incomes of the poor. Countries with better-developed financial intermediaries experience faster declines in measures of both poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse causality"--National Bureau of Economic Research web site.
Detail About Finance Inequality and Poverty PDF
- Author : Thorsten Beck
- Publisher : World Bank Publications
- Genre : Finance
- Total Pages : 36 pages
- ISBN :
- Release Date : 20 May 2024
- PDF File Size : 36,9 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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