
Financial development and income inequality: Vietnam’s empirical research on ARDL model
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The paper conducts an empirical investigation to examine whether there is a linkage between financial development and income disparity or not. Final results withdrawn from the ARDL model, which is employed to deal with Vietnam’s national-level time series data from 1992 to 2021, reveal that the influence of financial development on income inequality depends on the specific measure used to capture its multidimensional aspects.
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