Article

Finance, Growth and Inequality: Does Source of Finance Matter?

2023-08-02

Abstract excerpt

Using India Human Development Survey (IHDS) data for two rounds the study aims to assess the role of source of finance in the growth process and the outcome on inequality of income and asset. The most important result of the paper is that source of loans – formal (banks) or informal (moneylenders) have no role on the rate of growth of household asset and income. The difference for the respective rates of growth li...

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Literature Corpus work: d8d98bb7-ef80-59e0-89ca-be69901edbb1
DOI: 10.21203/rs.3.rs-3202778/v1

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