Abstract:
The paper attempts to analyze the income inequality in China from the view of financialization. On the basis of mechanism analysis, the paper empirically analyzes the relationship among financialization, monopoly and the income distribution by co-integration tests, impulse responses function and variance decomposition. The empirical study shows that financialization will give rise to the inequalities of national income distribution. But, monopoly will exacerbate the inequalities of income distribution.
LU Chun-yi.An Analysis of the Relationship between Financialization, Monopoly and Income Distribution in China[J] Economic Survey, 2014,V31(1): 142-148