Intermédiation Financière et Inégalité de Distribution des Revenus dans les Pays MENA
- Author BADRY Hechmy
- DOI
- Country : Tunisia
- Subject : Economics and Finance
Abstract
The objective of this article is to test the existence of an endogenous and dynamic relationship between financial deepening and income inequality in MENA countries, using dynamic analysis of panel data for the period 1985-2013. The results generated by the GMM-System method recommended by Blundell and Bond (1998) confirm ideas of Clarke and al. [2006] et Beck and al. [2007], which emphasized that financial sector development is often associated with a distribution of tighter income and that improvements in financial contracts, markets and intermediates allow to broaden economic opportunities and lowering inequality.
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