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This paper analyzes the under-investigated relationship uniting financial development and income distribution. We use a novel approach taking into account for the first time the specific channels linking banks, capital markets and income inequality, the time-varying nature of the relationship,...
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This paper puts forth Ecological Finance Theory as a valuable new vision for financial economics. Ecological Finance Theory is a mission-driven proposition seeking to re-embed financial systems within social and ecological constraints in order to ensure social resilience. Ecological Finance...
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