Financial Development and Inequality in the Global Economy
Financial Development and Inequality in the Global Economy
复制标题
金融发展与全球经济不平等
DOI:
10.1111/sjoe.12312
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发表时间:
--
期刊:
影响因子:
--
通讯作者:
T. Seidel
中科院分区:
文献类型:
--
作者:
Ehrlich;T. Seidel
We build a heterogeneous firms model with firm‐specific wages and credit frictions to study the role of financial development for inequality in the global economy. If there are many small (non‐exporting) firms, better access to external funds reduces wage and profit inequality as well as unemployment. In contrast, if there are many large (exporting) firms, financial development might have opposite effects – especially if trade costs are low. In summary, the implications of financial development for inequality depend on the size distribution of firms and on the costs of exporting. Trade liberalization, however, raises inequality unambiguously.
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DOI:
10.2307/2946663
发表时间:
1992-12
期刊:
NBER Working Paper Series
影响因子:
--
作者:
David G. Blanchflower;A. Oswald;Peter Sanfey
通讯作者:
David G. Blanchflower;A. Oswald;Peter Sanfey
DOI:
--
发表时间:
2006
期刊:
影响因子:
--
作者:
Zhicheng Liang
通讯作者:
Zhicheng Liang
影响因子:
3.8
作者:
Hildreth, AKG;Oswald, AJ
通讯作者:
Oswald, AJ
DOI:
--
发表时间:
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期刊:
--
影响因子:
--
作者:
通讯作者:
--
DOI:
--
发表时间:
1999
期刊:
影响因子:
--
作者:
Kimberly Bayard;Kenneth R. Troske
通讯作者:
Kenneth R. Troske