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SUMMARY:Inequality\, Liberalization and Financialisation: Panel Evidence a
 t the Sub-National Scale - Peter Phelps - Lecturer in Applied Economics at
  the University of Leeds
DTSTART:20190313T160000Z
DTEND:20190313T170000Z
UID:TALK118489@talks.cam.ac.uk
CONTACT:Judith Dixon
DESCRIPTION:Against a backdrop of financialisation\, extreme inequality an
 d evolving financial instability\, this paper’s primary contribution is 
 to analyse the determinants of personal income inequality within one of th
 e world’s most prominent emerging economies. We pay particular attention
  to the magnitude\, significance and scale of the determinants in a financ
 ialisation context\, from which this paper’s relative contributions emer
 ge. Our empirical strategy utilises modern panel data techniques and diffe
 rent instrumental variables approaches for robustness. This paper’s anal
 ysis provides a first step in the direction of identifying the main mechan
 isms through which financial liberalisation has affected income inequality
  at the sub-national scale\; while providing an early indication of how in
 equality might evolve in the future.
LOCATION:Mill Lane Lecture Room 4
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