| dc.contributor.author |
Akinci, Merter |
|
| dc.contributor.author |
Yuce Akinci, Gonul |
|
| dc.contributor.author |
Yilmaz, Omer |
|
| dc.date.accessioned |
2024-03-15T08:38:21Z |
|
| dc.date.available |
2024-03-15T08:38:21Z |
|
| dc.date.issued |
2020 |
|
| dc.identifier.citation |
Akinci, M., Yüce Akinci, G., Yilmaz, Ö. (2020). WHAT CAUSES INCOME INEQUALITY: ECONOMIC GROWTH OR FINANCIAL DEVELOPMENT?. Ank. Avrupa Calismalari Derg., 19(2), 327-364 |
en_US |
| dc.identifier.issn |
1303-2518 |
|
| dc.identifier.uri |
https://www.webofscience.com/wos/woscc/full-record/WOS:000673414200001 |
|
| dc.identifier.uri |
http://earsiv.odu.edu.tr:8080/xmlui/handle/11489/4297 |
|
| dc.description |
WoS Categories: Area Studies |
en_US |
| dc.description |
Web of Science Index: Emerging Sources Citation Index (ESCI) |
en_US |
| dc.description |
Research Areas: Area Studies |
en_US |
| dc.description.abstract |
The paper investigates the linkage between growth, finance and inequality in the light of inverted-U hypothesis in the European Union member countries in the period 1995-2018. The findings of the multiple equations analysis indicate that economic growth and financial development act together, implying that growth boosts finance and vice versa. In addition, while the paper does not support the Kuznets hypothesis, the findings confirm the Greenwood-Jovanovic hypothesis, suggesting that the linkage between financial development and inequality is quadratic. That is to say, in the first phase of development, development of the financial markets is related to income inequality positively, however beyond the threshold level of finance, the linkage between finance and inequality becomes negative. |
en_US |
| dc.language.iso |
eng |
en_US |
| dc.publisher |
ANKARA UNIV EUROPEAN UNION RESEARCH CENTRE-ANKARA |
en_US |
| dc.rights |
info:eu-repo/semantics/openAccess |
en_US |
| dc.subject |
Economic Growth, Financial Development, Income Inequality, Inverted-U Hypothesis, Simultaneous Equation System |
en_US |
| dc.subject |
INSTRUMENTAL VARIABLE ESTIMATION, EUROPEAN INTEGRATION |
en_US |
| dc.title |
WHAT CAUSES INCOME INEQUALITY: ECONOMIC GROWTH OR FINANCIAL DEVELOPMENT? |
en_US |
| dc.type |
article |
en_US |
| dc.relation.journal |
ANKARA AVRUPA CALISMALARI DERGISI-ANKARA REVIEW OF EUROPEAN STUDIES |
en_US |
| dc.contributor.department |
Ordu Üniversitesi |
en_US |
| dc.identifier.volume |
19 |
en_US |
| dc.identifier.issue |
2 |
en_US |
| dc.identifier.startpage |
327 |
en_US |
| dc.identifier.endpage |
364 |
en_US |