Essays about: "Greenwood-Jovanovic hypothesis"

Found 1 essay containing the words Greenwood-Jovanovic hypothesis.

  1. 1. The effect of financial development on income inequality in Africa : Looking for a needle in a haystack?

    University essay from Högskolan i Jönköping/Internationella Handelshögskolan

    Author : Milcent Chimboza; [2014]
    Keywords : Financial development; income inequality; Africa; Greenwood-Jovanovic hypothesis; Gini coefficient;

    Abstract : This paper investigates the effect of financial development on income inequality in 20 African countries. Theory and a growing number of empirical studies suggest that the former exerts a negative impact on the latter by enabling low-income holders to undertake income-enhancing education and business investments, thereby promoting a tighter income distribution. READ MORE