金融包容性、经济发展和不平等：巴西的证据

IF 10.4 1区经济学 Q1 BUSINESS, FINANCE

Journal of Financial Economics Pub Date : 2024-05-02 DOI:10.1016/j.jfineco.2024.103854

Julia Fonseca , Adrien Matray

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引用次数: 0

摘要

我们利用 2000-2014 年间的雇员数据，研究了针对银行网点覆盖率较低的巴西城市的普惠金融政策。该政策促进了银行的进入，存款和贷款也出现了类似的增长。它还促进了创业、就业和工资增长，尤其是对于最初处于银行荒漠的城市。这些收益并没有被平等分享，而是随着工人受教育程度的提高而增加，这意味着工资不平等现象大幅增加。不平等的变化主要集中在技术工人初始供应量较低的城市，这表明人才的稀缺性可以推动金融发展对不平等的影响。

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Financial inclusion, economic development, and inequality: Evidence from Brazil

We study a financial inclusion policy targeting Brazilian cities with low bank branch coverage using data on the universe of employees from 2000–2014. The policy leads to bank entry and to similar increases in both deposits and lending. It also fosters entrepreneurship, employment, and wage growth, especially for cities initially in banking deserts. These gains are not shared equally and instead increase with workers’ education, implying a substantial increase in wage inequality. The changes in inequality are concentrated in cities where the initial supply of skilled workers is low, indicating that talent scarcity can drive how financial development affects inequality.

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来源期刊

Journal of Financial Economics Multiple-

CiteScore

15.80

自引率

4.50%

发文量

192

审稿时长

37 days

期刊介绍： The Journal of Financial Economics provides a specialized forum for the publication of research in the area of financial economics and the theory of the firm, placing primary emphasis on the highest quality analytical, empirical, and clinical contributions in the following major areas: capital markets, financial institutions, corporate finance, corporate governance, and the economics of organizations.