Since 2014
Finance, Inequality, and Poverty Revisited: A Threshold Model Approach
GSTF Journal on Business Review
View Archive Info| Field | Value | |
| Title |
Finance, Inequality, and Poverty Revisited: A Threshold Model Approach
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| Creator |
Kollanthara, Nayana
Qaiser, Shadab |
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| Subject |
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Financial Development, Income Distribution, Instrumental Variable Estimation, Poverty, Threshold Estimation — |
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| 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.
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| Publisher |
GSTF Journal on Business Review (GBR)
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| Contributor |
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| Date |
2016-10-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article — |
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| Format |
application/pdf
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| Identifier |
http://dl6.globalstf.org/index.php/gbr/article/view/1753
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| Source |
GSTF Journal on Business Review (GBR); Vol 4, No 4 (2016): Journal on Business Review (GBR) Vol.4 No.4
ISSN: 2251-2888 2010-4804 |
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| Language |
eng
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| Relation |
http://dl6.globalstf.org/index.php/gbr/article/view/1753/1787
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| Coverage |
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| Rights |
Copyright (c) 2017 GSTF Journal on Business Review (GBR)
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