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Financialisation and Income Inequality in OECD Nations: 1995-2007

The Economic and Social Review

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Title Financialisation and Income Inequality in OECD Nations: 1995-2007
 
Creator Kus, Basak
 
Subject
 
Description This paper attempts to examine the link between financialisation and income inequality in advanced countries from a comparative perspective using data from 20 OECD countries over a period of 13 years (1995-2007). The initial regression results show an overall strong correlation between several of the financialisation indicators and income inequality net of conventional explanations including economic growth rate, unemployment, globalisation, left party power, social spending, union density, female participation in the labour market, and wage bargaining centralisation. The results also show that although financialisation has a positive association with income inequality in nations with strong as well as weak unions, the association is stronger in the latter.
 
Publisher The Economic and Social Review
 
Contributor
 
Date 2013-02-19
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.esr.ie/article/view/34
 
Source The Economic and Social Review; Vol 43, No 4, Winter (2012): Dublin Workshop on Politics of Financialisation, May 24 2012, University College Dublin/Geary Institute; 477–495
0012-9984
 
Language eng
 
Relation http://www.esr.ie/article/view/34/26
 
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