科研之友
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摘要
Recent literature presented arguments linking income inequality to the financial crash of 2007-2008. One proposed channel is expected to work through bank credit. I analyze the relationship between income inequality and bank credit in a panel cointegration framework and find that they have a long-run dependency relationship. Results show that income inequality contributed to the increase of bank credit in developed economies after the Second World War.
- 出版日期2016-9
