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Finance, Inequality, and Poverty Revisited: A Threshold Model Approach

GSTF Journal on Business Review

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Field Value
 
Title Finance, Inequality, and Poverty Revisited: A Threshold Model Approach
 
Creator Kollanthara, Nayana
Qaiser, Shadab
 
Description There have been significant influences of financialdevelopment on the income growth of the poor, the reduction ofincome inequality, and a decrease in the number of people wholive on less than $1 per day. These effects were explored by Beck,Demirguc-Kunt, and Levine in their Finance, Inequality, andPoverty paper that examines the income growth of the poorestquintile, overall income inequality, and the number of peopleliving on less than $1 per day. Our research derives from thispaper with the addition of quantifiable measures of financialdevelopment using threshold estimations. We further examinethreshold values using an instrumental variable estimation toaccount for endogeneity bias. The results from our cross-countryanalyses allow us to make comparisons between differentcountries regarding the necessary measure of financialdevelopment that is needed for growth in the poorest sectors ofeach economy.
 
Publisher GSTF Journal on Business Review (GBR)
 
Date 2018-01-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://dl6.globalstf.org/index.php/gbr/article/view/873
 
Source GSTF Journal on Business Review (GBR); Vol 4 No 4 (2016): GSTF Journal on Business Review (GBR)
 
Language eng
 
Relation http://dl6.globalstf.org/index.php/gbr/article/view/873/808
 
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