01741cas a2200253 a 4500 AALejournalIMF017842 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513526546 2617-6750 BD-DhAAL BD-DhAAL Cihak, Martin. Finance and Inequality / Martin Cihak, Ratna Sahay. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (50 pages) Staff Discussion Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The study examines empirical relationships between income inequality and three features of finance: depth (financial sector size relative to the economy), inclusion (access to and use of financial services by individuals and firms), and stability (absence of financial distress). Using new data covering a wide range of countries, the analysis finds that the financial sector can play a role in reducing inequality, complementing redistributive fiscal policy. By expanding the provision of financial services to low-income households and small businesses, it can serve as a powerful lever in helping create a more inclusive society but-if not well managed-it can amplify inequalities. Mode of access: Internet Sahay, Ratna. Staff Discussion Notes; Staff Discussion Notes ; No. 2020/001 Full text available on IMF http://elibrary.imf.org/view/journals/006/2020/001/006.2020.issue-001-en.xml IMF e-Library