A closer look at financial development and income distribution

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A closer look at financial development and income

distribution

Céline Gimet, Thomas Lagoarde-Segot

To cite this version:

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                                GATE Groupe d’Analyse et de Théorie Économique Lyon‐St Étienne    93, chemin des Mouilles  69130 Ecully – France  Tel. +33 (0)4 72 86 60 60   Fax +33 (0)4 72 86 60 90    6, rue Basse des Rives 42023 Saint‐Etienne cedex 02 – France   Tel.  +33 (0)4 77 42 19 60  Fax. +33 (0)4 77 42 19 50    Messagerie électronique / Email :  gate@gate.cnrs.fr 

Téléchargement / Download : http://www.gate.cnrs.fr  – Publications / Working Papers   

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 



Response of EHII to a shock in

OPENNESS 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004 GDPCAPDOL 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004 MILESI 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004 DOMCREDBANK 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004 SPREAD 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004  

Response of EHII to a shock in

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 

Response of EHII to a shock in

OPENNESS 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004 0.005 GDPCAPDOL 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004 0.005 MILESI 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004 0.005 SPREAD 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004 0.005 LIQ 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 0.004 0.005    

Response of EHII to a shock in

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 



Response of EHII to a shock in

OPENNESS 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 GDP 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 MILESI 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 GARCH 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 TRACE 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003    

Response of EHII to a shock in

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 

Response of EHII to a shock in

OPENNESS 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 GDPCAPDOL 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 MC2GDP 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 KALMAN 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 GARCH 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 

Response of EHII to a shock in

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 

Response of EHII to a shock in

OPENNESS 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 GDPCAPDOL 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 MILESI 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 GARCH 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 DNI 0 1 2 3 4 5 6 7 -0.004 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003  

Response of EHII to a shock in

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

Response of EHII to a shock in

OPENNESS 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 GDP 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 MILESI 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 TURNOVER 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003 KALMAN 0 1 2 3 4 5 6 7 -0.003 -0.002 -0.001 0.000 0.001 0.002 0.003  

Response of EHII to a shock in

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