IDEAS home Printed from https://ideas.repec.org/a/eei/journl/v63y2020i1p44-70.html
   My bibliography  Save this article

Impact of Financial Liberalisation on Income Inequality: A PVAR Approach

Author

Listed:
  • Chokri Zehri

Abstract

I estimate a panel vector autoregressive model (PVAR) to study the impact of financial liberalisation on income inequality. The analysis is carried out for 162 countries over the period 1980-2015. The results show that capital account liberalisation and financial development increase inequality. However, it change according to the category of income countries (low, middle and high-income) and according to the period of study used (before and after 1990). The shocks caused by the indicators of financial liberalisation on income inequality are very low but persistent in time.

Suggested Citation

  • Chokri Zehri, 2020. "Impact of Financial Liberalisation on Income Inequality: A PVAR Approach," Journal of Economics and Econometrics, Economics and Econometrics Society, vol. 63(1), pages 44-70.
    • Handle: RePEc:eei:journl:v:63:y:2020:i:1:p:44-70
    as

    Download full text from publisher

    File URL: https://ideas.repec.org/a/eei/journl/v63y2020i1p44-70.html
    Download Restriction: Full text for Economics and Econometrics Society subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Financial liberalisation; income; inequality; PVAR;
    All these keywords.

    JEL classification:

    • F38 - International Economics - - International Finance - - - International Financial Policy: Financial Transactions Tax; Capital Controls
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F02 - International Economics - - General - - - International Economic Order and Integration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eei:journl:v:63:y:2020:i:1:p:44-70. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Julia van Hove (email available below). General contact details of provider: https://edirc.repec.org/data/eeriibe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.