دانلود مقاله ISI انگلیسی شماره 99013
کد مقاله سال انتشار مقاله انگلیسی ترجمه فارسی تعداد کلمات
99013 2018 41 صفحه PDF سفارش دهید 16730 کلمه
خرید مقاله
پس از پرداخت، فوراً می توانید مقاله را دانلود فرمایید.
عنوان انگلیسی
Inequality, financial development and economic growth in the OECD, 1870–2011
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : European Economic Review, Volume 101, January 2018, Pages 605-624

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پیش نمایش مقاله

چکیده انگلیسی

Inequality's effect on growth remains elusive, largely due to endogeneity, complex interactions, and lead–lag relationships. We revisit this issue by examining the four main channels through which inequality transmits to growth: savings, investment, education, and knowledge production. We construct new panel data for 21 OECD countries spanning 142 years. External communist influence is used as a new time-varying instrument for inequality and the effects of inequality on the outcome variables are made conditional on the stage of financial development. Our results show that inequality hampers growth at low to moderate levels of financial development but has little effect on growth at advanced levels of financial development.

خرید مقاله
پس از پرداخت، فوراً می توانید مقاله را دانلود فرمایید.