• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Economic systems >Does income inequality lead to banking crises in developing countries? Empirical evidence from cross-country panel data
【24h】

Does income inequality lead to banking crises in developing countries? Empirical evidence from cross-country panel data

机译：收入不平等会导致发展中国家的银行危机吗？跨国面板数据的经验证据

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

This study empirically examines whether increasing income inequality results in banking crises using panel data for 68 countries covering the years 1973 to 2010. The results show that developing countries with high inequality tend to have higher levels of domestic credit and that domestic credit booms increase the probability of banking crises. We also find that developing economies display direct channels from inequality to banking crises without an association with credit booms. We find no consistent evidence that income inequality contributes to banking crises in advanced economies. In developing countries, the probability of banking crises increases dramatically as income inequality levels increase: The probability of a systemic banking crisis within three years, is 9.5% when the Gini is as low as 0.2 in developing countries and increases to 57.4% when the Gini is 0.4. These results are robust to several specifications.
机译：本研究使用覆盖1973年至2010年的68个国家的面板数据，以实证检验了银行危机中收入不平等加剧的结果。结果表明，收入不平等程度高的发展中国家的国内信贷水平往往较高，而国内信贷繁荣则增加了发生这种情况的可能性。银行危机。我们还发现，发展中经济体显示了从不平等到银行危机的直接渠道，而与信贷繁荣无关。我们没有一致的证据表明收入不平等加剧了发达经济体的银行业危机。在发展中国家，随着收入不平等程度的增加，银行业危机的可能性急剧增加：三年内发生系统性银行业危机的可能性，当发展中国家的基尼系数低至0.2时为9.5％，当基尼系数为0.2时则上升至57.4％是0.4。这些结果对几种规格均具有鲁棒性。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号