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on financial development and income distribution(对金融发展与收入分配秩序)
On financial development and income distribution
Thesis network: Abstract: Financial development and income distribution relationship in both theoretical and empirical level, there is a big difference. This focus on financial development, financial development at home and abroad and on income distribution of literature to sort out and make a brief comment.
Keywords: income distribution effects of financial development
I. Introduction
Since Kuciniezi (1955 made economic growth and the inverted-U relationship between income distribution, since the economists studied from different angles of the main factors affecting the distribution of income, but not the distribution of income in the financial factors to give adequate attention. Greenwood and Jovanovic (1990) lt;lt;financial development, growth and income distributiongt;gt; article was published, it opened a research from the perspective of the distribution of income and financial development prelude to this paper in Greenwood and Jovanovic (1990’s financial development and income distribution of the inverted-U model, based on literature to sort out, to explore the formation of the income gap between the financial factor.
Second, financial development and the relationship between income inequality On financial development and income distribution between domestic and foreign scholars have started with a hypothetical premise: access to financial services and loan support is a necessary factor in personal income increased from the financial point of view, individuals have the opportunity of financial services inequality a direct result of the differentiation of the income gap, and further strengthen the differentiation state of the initial endowment of wealth from the domestic and international point of view of theoretical and empirical literature on financial development and income distribution relationship is inconclusive. Financial development and income distribution, there may be four types of r
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