NEW EVIDENCE CONCERNING THE INEQUALITY - FINANCIAL DEVELOPMENT NEXUS IN ROMANIA. A COINTEGRATION APPROACH
This paper revisits the ambiguous effect of financial development on income inequality in emerging countries by investigating the presence of cointegration between concepts in Romania. Since financial deepening seems to be beneficial in the income-disparities fight in advanced countries, opposite fi...
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| Format: | Article |
| Language: | English |
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University of Oradea Publishing House
2024-03-01
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| Series: | Oradea Journal of Business and Economics |
| Subjects: | |
| Online Access: | https://ojbe.steconomiceuoradea.ro/wp-content/uploads/2024/03/OJBE-91-144-155.pdf |