On 18th June 2018 (1-2pm) Gary Hoover, Professor and Chair of the Economics at the University of Oklahoma will give a presentation about „ Banking and Inequality: US State Evidence” in Q4.245. Afterwards, Mr. Hoover will be available for questions and discussions. His presentation is part of: http://wiwi.uni paderborn.de/department1/seminar-in-economics-management-seam/.
Using US state-level panel data we employ an empirical approach recently implemented in Jerzmanowski (2017), to examine whether banking development in the form of deregulation affects income inequality. Our results suggest that banking deregulation has increased income inequality in the United States.