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IJFS | Free Full-Text | Does Credit Composition Have Asymmetric ...

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IJFS | Free Full-Text | Does Credit Composition Have Asymmetric ...

This paper studied the effects of credit to private non-financial sectors on income inequality. In particular, we focused on the distinction between household and firm credits, and investigated whether these two types of credit had adverse effects on income inequality. Employing cross-section augmented cointegrating regressions and using balanced panel data for 30 developed and developing countries over the period from 1995 to 2013, we showed ...

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