Big bad banks?: the impact of u.s. branch deregulation on income distribution

"Policymakers and economists disagree about the impact of bank regulations on the distribution of income. Exploiting cross-state and cross-time variation, we test whether liberalizing restrictions on intra-state branching in the United States intensified, ameliorated, or had no effect on income...

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Bibliographische Detailangaben
Hauptverfasser: Beck, Thorsten 1967- (VerfasserIn), Levkov, Alexey (VerfasserIn), Levine, Ross 1960- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge, MA National Bureau of Economic Research 2007
Schriftenreihe:NBER working paper series working paper 13299
Online-Zugang:URL des Erstveröffentlichers
Zusammenfassung:"Policymakers and economists disagree about the impact of bank regulations on the distribution of income. Exploiting cross-state and cross-time variation, we test whether liberalizing restrictions on intra-state branching in the United States intensified, ameliorated, or had no effect on income distribution. We find that branch deregulation lowered income inequality. Deregulation lowered income inequality by affecting labor market conditions, not by boosting the business income of the poor, nor by enhancing educational attainment. Reductions in the earnings gap between men and women and between skilled and unskilled workers account for the bulk of the explained drop in income inequality"--National Bureau of Economic Research web site
Beschreibung:Includes bibliographical references. - Title from PDF file as viewed on 8/21/2007
Erscheinungsjahr in Vorlageform:c2007
Weitere Ausgabe: Beck, Thorsten : Big bad banks?
Beschreibung:1 Online-Ressource (39 Seiten)
Format:. - Mode of access: World Wide Web
. - System requirements: Adobe Acrobat Reader