Financialization, digital technology and income inequality
This paper investigates the impact of digital technology on the relationship between financialization and income inequality of 54 countries from 2010 to 2015. The results show that financialization and digital technology widen the income inequality gap. Therefore, policies should be centred primaril...
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Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Taylor and Francis
2021
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Online Access: | http://psasir.upm.edu.my/id/eprint/97337/1/ABSTRACT.pdf http://psasir.upm.edu.my/id/eprint/97337/ https://www.tandfonline.com/doi/abs/10.1080/13504851.2020.1808165?journalCode=rael20 |
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Summary: | This paper investigates the impact of digital technology on the relationship between financialization and income inequality of 54 countries from 2010 to 2015. The results show that financialization and digital technology widen the income inequality gap. Therefore, policies should be centred primarily on eliminating obstacles and developing innovative products that focus on solutions to the low-income consumer problem and those who have been marginalized. |
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