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Financial Development and Its Effect on Inequality: A Case of Fair Profit Maximization, Favoritism, or Discrimination?

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  2. Economics, Finance, Business & Management
  3. Applied Economics Quarterly
  4. Vol. 66, Issue 3
  5. pp. 179–207

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Zelekha, Y., Weber, M. Financial Development and Its Effect on Inequality: A Case of Fair Profit Maximization, Favoritism, or Discrimination?. Applied Economics Quarterly, 66(3), 179-207. https://doi.org/10.3790/aeq.66.3.179
Zelekha, Yaron and Weber, Michal "Financial Development and Its Effect on Inequality: A Case of Fair Profit Maximization, Favoritism, or Discrimination?" Applied Economics Quarterly 66.3, , 179-207. https://doi.org/10.3790/aeq.66.3.179
Zelekha, Yaron/Weber, Michal: Financial Development and Its Effect on Inequality: A Case of Fair Profit Maximization, Favoritism, or Discrimination?, in: Applied Economics Quarterly, vol. 66, iss. 3, 179-207, [online] https://doi.org/10.3790/aeq.66.3.179
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Financial Development and Its Effect on Inequality: A Case of Fair Profit Maximization, Favoritism, or Discrimination?

Zelekha, Yaron | Weber, Michal

Applied Economics Quarterly, Vol. 66 (2020), Iss. 3 : pp. 179–207

2 Citations (CrossRef)

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Article Details

Publisher Name
Duncker & Humblot
DOI
https://doi.org/10.3790/aeq.66.3.179
Language
German
Pages
29
Keywords

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Individual
€ 26.00 (incl. local VAT if applicable)

Author Details

Yaron Zelekha, Ono Academic College, 104 Zahal St., Kiryat Ono, Israel.

Michal Weber, Bar Ilan University and Ono Academic College, Israel.

Cited By

  1. Religion and the gender gap in entrepreneurship

    Avnimelech, Gil | Zelekha, Yaron

    International Entrepreneurship and Management Journal, Vol. 19 (2023), Iss. 2 P.629

    https://doi.org/10.1007/s11365-023-00855-4 [Citations: 9]

  2. The effect of spouses on the entrepreneurial gender gap

    Zelekha, Yaron

    International Entrepreneurship and Management Journal, Vol. 20 (2024), Iss. 4 P.2481

    https://doi.org/10.1007/s11365-024-01008-x [Citations: 0]

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Abstract

Financial development negatively affects inequality and poverty in many countries. This research uniquely examines whether the negative effect of financial development on inequality in Israel is also significantly dependent on the gender, ethnic, and religious characteristics of the population. The results suggest that a part of the role that underdeveloped financial systems play in inequality may be due to favoritism toward advantaged majority groups regarding allocation of small business credit. The research has important policy implications regarding the role of financial system regulation and the effect of favoritism in determining inequality and poverty patterns.

Table of Contents

Section Title Page Action Price
Yaron Zelekha / Michal Weber: Financial Development and Its Effect on Inequality: A Case of Fair Profit Maximization, Favoritism, or Discrimination? 1
Abstract 1
I. Introduction 1
II. The Effects of Financial Development on Poverty and Inequality 6
III. The Empirical Model and the Data Set 1
IV. Findings 1
Control Variables 1
Interaction Specifications 1
Alternative Specifications 1
V. Summary and Conclusions 2
Conflict of Interest 2
Appendix 2
References 2

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