financial wage premium in the distribution of income varies across advanced economies. We address this gap in the empirical … literature by examining the financial wage premium across the labor income distributions of 13 advanced economies since the 1980s … using harmonized labor force data from multiple waves of the Luxembourg Income Study. Consistent with prior studies, we find …

) Does GDP have uniform impact on financial development in heterogeneous income countries? (ii) Is the relationship non …, heterogeneity and endogeneity. They show that GDP has a positive impact on financial development in high and middle-income countries …