Journal ArticleDOI
Financialization and income inequality: An empirical analysis
Kang-Kook Lee,Abu Bakkar Siddique +1 more
- Vol. 47, pp 121-145
TLDR
In this article, the authors investigated the effect of financialization and financial rent on income inequality across countries, including advanced and emerging markets and developing countries, in the 1998-2017 p...Abstract:
This study investigates the effect of financialization and financial rent on income inequality across countries, including advanced and emerging markets and developing countries, in the 1998–2017 p...read more
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Income and Wealth Inequality in Asia and the Pacific: Trends, Causes, and Policy Remedies
TL;DR: In this article , the authors provide an update on recent trends of income and wealth inequality in the Asia-Pacific region, examines causes behind rising inequality, and discusses policy actions needed to tackle inequality.
Journal ArticleDOI
Financialization and Income Inequality: A Dynamic Panel Data Analysis on Turkey and European Union
TL;DR: In this article , the effects of financialization on income inequality can be analyzed using different proxy variables in the context of financial and non-financial institutions and the household sector in the European Union and Turkey.
Journal ArticleDOI
Different experiences of Asian emerging‐market economies in the two major financial crises
Berry Levi,Pooja D Prasad +1 more
TL;DR: This article studied 10 Asian economies' experiences during two episodes of financial crises in 1997-08 and 2007-09 and found that overinvestment via credit expansion and foreign financing has an adverse effect on banking sectors while income inequality contributes significantly to financial distress.
TESAM Akademi Dergisi Finansallaşma ve Gelir Eşitsizliği: Türkiye ve Avrupa Birliği Üzerine Dinamik Panel Veri Analizi Financialization and Income Inequality: A Dynamic Panel Data Analysis on Turkey and European Union
TL;DR: In this paper , the effects of financialization on income inequality were analyzed using different proxy variables in the context of financial and non-financial institutions and the household sector in the European Union and Turkey.
Journal ArticleDOI
Zombification and Industry 4.0—Directional Financialisation against Doomed Industrial Revolution
TL;DR: In this paper , the authors investigate the complex nexus among financialisation, zombification and Industry 4.0 development, and decipher the main systemic channels of the latter affecting negatively the outlook of industry 4.
References
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Journal ArticleDOI
Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.
Manuel Arellano,Stephen Bond +1 more
TL;DR: In this article, the generalized method of moments (GMM) estimator optimally exploits all the linear moment restrictions that follow from the assumption of no serial correlation in the errors, in an equation which contains individual effects, lagged dependent variables and no strictly exogenous variables.
Journal ArticleDOI
Patients’ Responsibilities in Medical Ethics
TL;DR: It is argued that certain duties of patients counterbalance an otherwise unfair captivity of doctors as helpers and that vulnerability does not exclude obligation.
Book ChapterDOI
Economic Growth and Income Inequality
TL;DR: The process of industrialization engenders increasing income inequality as the labor force shifts from low-income agriculture to the high income sectors as mentioned in this paper, and on more advanced levels of development inequality starts decreasing and industrialized countries are again characterized by low inequality due to the smaller weight of agriculture in production and income generation.
Journal ArticleDOI
The financialization of the American economy
TL;DR: In this article, the authors present systematic empirical evidence for the financialization of the US economy in the post-1970s period and develop two discrete measures of financialization and apply these measures to postwar US economic data in order to determine if, and to what extent, US economy is becoming financialized.
Journal ArticleDOI
Too much finance
TL;DR: In this paper, the authors examined whether there is a threshold above which financial development no longer has a positive effect on economic growth, and they used dierent empirical approaches to show that there can indeed be too much finance.