Institutional moderation of finance-inequality nexus: evidence from income-group analysis in Türkiye

What is it about?

While financial development may foster economic, social, and sustainable development, unregulated financialization can undermine these same developments and exacerbate inequality. This research aims to contribute to the existing literature by analyzing how institutional quality —democracy, corruption control, and property rights— moderates the finance-inequality relationship across different income groups in Turkey (1987-2021).

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