@article{ART001403918},
author={
SIONG HOOK LAW
and
HUI BOON TAN
},
title={
THE ROLE OF FINANCIAL DEVELOPMENT ON INCOME INEQUALITY IN MALAYSIA
},
journal={
Journal of Economic Development
},
issn={0254-8372},
year={2009},
number={2},
pages={153 - 168},
doi={10.35866/caujed.2009.34.2.008},
url={http://dx.doi.org/10.35866/caujed.2009.34.2.008}
TY - JOUR
AU - SIONG HOOK LAW
AU - HUI BOON TAN
TI - THE ROLE OF FINANCIAL DEVELOPMENT ON INCOME INEQUALITY IN MALAYSIA
T2 - Journal of Economic Development
PY - 2009
VL - 34
IS - 2
PB - 중앙대학교 경제연구소
SP - 153 - 168
SN - 0254-8372
AB - This study examines the role of financial development in influencing income inequality in Malaysia over the period of 1980-2000. The empirical results based on ARDL bounds test indicate that financial market development is, at best, very weak and statistically insignificant in reducing income inequality in Malaysia. The evidence is valid for a variety of financial indicators, including the banking sector, the stock market and financial aggregate variables. The evidence also highlights that besides various government’s development programs, efforts should also concentrate on improving institutional quality, economic development and maintaining low inflation in its attempt to combat income inequality.
KW - Banking Sector, Capital Market, Financial Development, Income Inequality,
ARDL Bounds Test
DO - 10.35866/caujed.2009.34.2.008
UR - http://dx.doi.org/10.35866/caujed.2009.34.2.008
ER -
SIONG HOOK LAW
,
HUI BOON TAN
(2009).
THE ROLE OF FINANCIAL DEVELOPMENT ON INCOME INEQUALITY IN MALAYSIA.
Journal of Economic Development,
34(2),
153 - 168.
SIONG HOOK LAW
,
HUI BOON TAN
. 2009,
“THE ROLE OF FINANCIAL DEVELOPMENT ON INCOME INEQUALITY IN MALAYSIA”,
vol.34,
no.2,
pp. 153 - 168.
Available from: doi:10.35866/caujed.2009.34.2.008
SIONG HOOK LAW
and
HUI BOON TAN
“THE ROLE OF FINANCIAL DEVELOPMENT ON INCOME INEQUALITY IN MALAYSIA“
Journal of Economic Development
34.2
pp. 153 - 168.
(2009): 153.
SIONG HOOK LAW
,
HUI BOON TAN
.
THE ROLE OF FINANCIAL DEVELOPMENT ON INCOME INEQUALITY IN MALAYSIA
Journal of Economic Development
[Internet].
2009;
34(2),
:
153 - 168.
Available from: doi:10.35866/caujed.2009.34.2.008
SIONG HOOK LAW
,
HUI BOON TAN
. “THE ROLE OF FINANCIAL DEVELOPMENT ON INCOME INEQUALITY IN MALAYSIA“
Journal of Economic Development
34, no.2,
(2009): 153 - 168. doi: :10.35866/caujed.2009.34.2.008