tailieunhanh - Financial development and income inequality in Vietnam: An empirical analysis

Financial development and income inequality in Vietnam: An empirical analysis. The pattern of income distribution can be influenced by financial evelopment. Using provincial data, this paperemp irically investigates the relationship between financial develop ment and income inequality in Vietnam from 2002 to 2008. | Journal of Economics and Development Vol. 14, , August 2012, pp. 5 - 25 ISSN 1859 0020 Financial Development and Income Inequality in Vietnam: An Empirical Analysis Chu Minh Hoi National Economics University, Vietnam Email: Le Quoc Hoi National Economics University, Vietnam Email: hoilq@ Abstract The pattern of income distribution can be influenced by financial evelopment. Using provincial data, this paper empirically investigates the relationship between financial development and income inequality in Vietnam from 2002 to 2008. The results show that financial development has a positive impact on reducing income inequality, which is consistent with the bulk of theoretical and empirical research. The results also confirms that financial development when it interacts with education has joint-effects on reducing income inequality. We also find no evidence supporting the Greenwood-Jovanovic hypothesis of an inverted U-shaped relationship between the financial sector of development and inequality. Keywords: Financial development, income inequality, Vietnam Journal of Economics and Development 5 Vol. 14, , August 2012 1. Introduction income sources, or gender of household head; Takahashi (2007) directs interest on forces determining regional income inequality like return to human capital or land ownership. In the last two decades, Vietnam has implemented a variety of social and economic reforms with regards to promote economic growth and participate deeper into the world economy. Those reforms, involving the transiting from a one-level banking system to a two-level one in 1991, privatizing stateowned enterprises (SOEs), developing capital market by operating a stock market since 2000 as well as increasing the minimum wage level recently and educational reforms have influenced the living standards and the pattern of income distribution in Vietnam. In another issue of interest, the financial and banking sector in Vietnam also

• Tài chính doanh nghiệp
• Financial development
• Income inequality in Vietnam
• An empirical analysis
• income inequality
• Thesis summary
• Financial development and economic growth
• Economic growth
• Policy implications for Vietnam
• National combined financial development index
• Foreign direct investment and financial development
• New insights threshold approach
• Foreign direct investment
• Determinants of financial development
• Political institutions
• Financial reforms
• Geographic determinants
• Carbon markets
• Financial institutions
• Financial structure
• Market based financial systems
• Bank based financial systems
• Rule of law
• Development of the national financial safety net
• Financial safety net
• The national financial safety net in Vietnam
• National financial safety net
• Building legal frameworks
• Strengthening members’ capacity
• General determinants
• Private investment
• Some stylized facts
• The potential determinants
• Empirical strategy
• Empirical results
• Economic openness
• Interest rate
• Predictors of financial development
• Ghana whilst size
• Information and communication Technology
• Energy consumption
• Financial development in Africa
• Communication technology
• Empirical analysis of shenzhen
• Financial development and economic
• Real economy
• Trade openness
• Saudi Arabia
• Linkage between financial development
• Endogenous growth theory
• Financial development on economic
• Lecture Product Design and Development
• Product design
• Product development
• Product development economics
• Product development cash flow
• Project financial analysis
• Financial kuznets curve
• Pandemic Covid 19
• Short run relationships based
• Financial market expansion in Vietnam
• Generalized method of moments
• Economic development
• Panel data
• Least developed countries
• Relationship between financial development
• Asean countries
• Electricity consumption
• Financial system development
• Capital formation
• Economic growth induces trade diversification
• Belt and road countries
• Road economies
• Energy consumption nexus
• functioning
• financial system
• ong run economic
• fiscal policy
• Corporate Financial Structure
• Working Paper
• Financial Stability
• financial crisis
• Economic Cooperation and Development
• emerging market economy countries
• giáo trình đại học
• tài chính doanh nghiệp
• thị trường tài chính
• Tạp chí khoa học
• Addis Ababa action agenda
• Financing for development
• Sustainable development goals
• Financial sector plays
• Industrial production
• ARDL cointegration approach
• Industrial production in Nigeria