BANK COMPETITION, FINANCIAL DEVELOPMENT, AND INCOME INEQUALITY.
Income inequality rises with financial development initially and then drops. We reach this conclusion by numerically solving a heterogeneous agent model parameterized to the Chinese economy. The model features a banking sector with Cournot competition, and the process of financial development in the...
| Publicado en: | Contemporary Economic Policy Vol. 39; no. 1; pp. 42 - 59 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jan2021
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |