[
Acemoglu, D. and Robinson, J. A. 2002. The political economy of the Kuznets curve. Review of Development Economics 6 (2): 183–203.
]Search in Google Scholar
[
Aghion, P. and Commander, S. 1999. On the dynamics of inequality in the zransition. Economics of transition 7 (2): 275–298.
]Search in Google Scholar
[
Alesina, A. and Rodrik D. 1994. Distributive politics and economic growth. Quarterly Journal of Economics 109: 465–90.
]Search in Google Scholar
[
Amendola, A., Easaw, J., and Savoia, A. 2013. Inequality in developing economies: the role of institutional development. Public Choice 155: 43–60.
]Search in Google Scholar
[
Atems, B. and Jones, J. 2015. Income inequality and economic growth: a panel VAR approach. Empirical Economics 484: 1541–1561.
]Search in Google Scholar
[
Bandelj N. and Mahutga, M. 2010. How Socio-Economic Change Shapes Income Inequality in Post-Socialist Europe. Social Forces 885: 2133–2161.
]Search in Google Scholar
[
Banerjee, A. V. and Duflo, E. 2003. Inequality and growth: What can the data say? Journal of Economic Growth 83: 267–299.
]Search in Google Scholar
[
Bartlett, W. 2009. Economic development in the European Super-periphery: Evidence from the Western Balkans. Economic Annals 54181: 21–44.
]Search in Google Scholar
[
Beck, T., Demirgüç-Kunt, A., and Levine, R. 2007. Finance, inequality and the poor. Journal of Economic Growth 12: 27–49.
]Search in Google Scholar
[
Ben Naceur, S. and Zhang, R. 2016. Financial development, inequality and poverty: Some international evidence. IMF Working Paper No. 16/32 (February 2016): 1–29.
]Search in Google Scholar
[
Bennett, D. L. and Nikolaev, B. 2016. Factor endowments, the rule of law and structural inequality. Journal of Institutional Economics 124: 773–795.
]Search in Google Scholar
[
Biyase, M. and Chisadza, C. 2023. Symmetric and asymmetric effects of financial deepening on income inequality in South Africa. Annals of Financial Economics 18 (1): 1–21.
]Search in Google Scholar
[
Brzezinski M. 2018. Income inequality and the Great Recession in Central and Eastern Europe. Economic System 422: 219–247.
]Search in Google Scholar
[
Carvalho A., Nepal R., and Jamasb, T. 2016. Economic reforms and human development: evidence from transition economies. Applied Economics 48 (14): 1330–1347.
]Search in Google Scholar
[
Chong, A. and Gradstein, M. 2004. Inequality and institutions. Inter-American Development Bank Working Paper 506 (April 2004): 1–42.
]Search in Google Scholar
[
Cingano, F. 2014. Trends in income inequality and its impact on economic growth. OECD Social, Employment and Migration Working Papers, No. 163 (September 2014): 1–65.
]Search in Google Scholar
[
Cornia, G. and Court, J. 2004. Inequality, growth and poverty in the era of liberalization and globalization. Oxford: Oxford University Press.
]Search in Google Scholar
[
Dabla-Norris, M. E., Kochhar, M. K., Suphaphiphat, M. N., Ricka, M. F., and Tsounta, M. E. 2015. Causes and consequences of income inequality: A global perspective. International Monetary Fund.
]Search in Google Scholar
[
Damiani, M. and Uvalic, M. 2014. Industrial development in the EU: Lessons for the future member states? Croatian Economic Survey 16 (1): 5–48.
]Search in Google Scholar
[
Davis, L. and Hopkins, M. 2011. The institutional foundations of inequality and growth. Journal of Development Studies 477: 977–997.
]Search in Google Scholar
[
De Haan, J. and Sturm, J.E. 2017. Finance and income inequality: A review and new evidence. European Journal of Political Economy 50: 171–195.
]Search in Google Scholar
[
Deininger, K. and Squire, L. 1998. New ways of looking at old issues: inequality and growth. Journal of Development Economics 572: 259–287.
]Search in Google Scholar
[
Demir, A., Pesqué-Cela, V., Altunbas, Y., and Murinde, V. 2022. Fintech, financial inclusion and income inequality: a quantile regression approach. The European Journal of Finance 281: 86–107.
]Search in Google Scholar
[
Dong-Hyeon K. and Shu-Chin L. 2011. Nonlinearity in the financial development–income inequality nexus. Journal of Comparative Economics 393: 310–325.
]Search in Google Scholar
[
European Cluster Collaboration Platform. EU Neighborhood Initiative in the Western Balkans. https://clustercollaboration.eu/international-cooperation/western-balkans (accessed October 2, 2021).
]Search in Google Scholar
[
Feenstra, R.C., Inklaar R., and Timmer M. P. 2015. The next generation of the Penn World Table. American Economic Review 105 (10): 3150–3182.
]Search in Google Scholar
[
Forbes, K. J. 2000. A reassessment of the relationship between inequality and growth. The American Economic Review 90 (4): 869–887.
]Search in Google Scholar
[
Galor, O. and Zeira, J. 1993. Income distribution and macroeconomics. The Review of Economic Studies (601): 35–52.
]Search in Google Scholar
[
Greenwood, J. and Jovanovic, B. 1990. Financial development, growth, and the distribution of income. Journal of Political Economy 985 (1): 1076–1107.
]Search in Google Scholar
[
Gupta, S., Davoodi, H., and Alonso-Terme, R. 2002. Does corruption affect income inequality and poverty? Economics of Governance 3: 23–45.
]Search in Google Scholar
[
Hansen, L.P. 2008. Generalized method of moments estimation. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London.
]Search in Google Scholar
[
Heyns, B. 2005. Emerging inequalities in Central and Eastern Europe. Annual Review of Sociology 31: 163–97.
]Search in Google Scholar
[
Hsiao, C. 2007. Panel data analysis - advantages and challenges. Test 161: 1–22.
]Search in Google Scholar
[
Huang, H. C., Lin, Y. C., and Yeh, C. C. 2009. Joint determinations of inequality and growth. Economics Letters 1033: 163–166.
]Search in Google Scholar
[
Huynh, C. M. and Tran, N. H. 2023. Financial development, income inequality, and institutional quality: A multi-dimensional analysis. Cogent Economics and Finance 11 (2): 1–15.
]Search in Google Scholar
[
IMF 2000. Transition Economies: An IMF Perspective on Progress and Prospects. https://www.imf.org/external/np/exr/ib/2000/110300.htm (accessed January 21, 2022).
]Search in Google Scholar
[
Jauch, S. and Watzka, S. 2016. Financial development and income inequality: a panel data approach. Empirical Economics 51: 291–314.
]Search in Google Scholar
[
Jovanovic, B. 2015. When is there a Kuznets Curve? Department of Economics and Statistics Cognetti de Martiis. Working Papers 50 (December 2012): 1–49.
]Search in Google Scholar
[
Kaufmann D. and Kraay A. 2020. Worldwide Governance Indicators. www.govindicators.org (accessed July 12, 2021).
]Search in Google Scholar
[
Kaufmann, D., Kraay, A., and Mastruzzi, M. 2010. The worldwide governance indicators: Methodology and analytical issues. Hague journal on the rule of law 3 (2): 220–246.
]Search in Google Scholar
[
Keeley, B. 2015. Income Inequality: The Gap between Rich and Poor. OECD Insights, OECD Publishing.
]Search in Google Scholar
[
Koczan, Z. 2016. Being Poor, Feeling Poorer: Inequality, Poverty and Poverty Perceptions in the Western Balkans. IMF Working Paper No. 16/31 (February 2016): 1–35.
]Search in Google Scholar
[
Kovač, R. and Verbič, M. 2023. Wealth inequality and institutional development: macroeconometric evidence from a global sample. South East European Journal of Economics and Business 181: 100–114.
]Search in Google Scholar
[
Kuznets, S. 1955. Economic Growth and Income Inequality. The American Economic Review 45: 1–28.
]Search in Google Scholar
[
Law, S. H., Tan, H. B., and Azman-Saini, W. N. W. 2014. Financial development and income inequality at different levels of institutional quality. Emerging Markets Finance and Trade 50: 21–33.
]Search in Google Scholar
[
Li, H. and Zou, H. 1998. Income Inequality is not Harmful for Growth: Theory and Evidence. Review of Development Economics 23: 318–334.
]Search in Google Scholar
[
Milanovic, B. 1998. Income, inequality and poverty during the transition from planned to market economy. Washington DC: World Bank.
]Search in Google Scholar
[
Okun, A. M. 1975. Equality and Efficiency: The Big Tradeoff. Washington DC: Brooking Institution.
]Search in Google Scholar
[
Omar, M. A., and Inaba, K. 2020. Does financial inclusion reduce poverty and income inequality in developing countries? A panel data analysis. Journal of economic structures 9 (37): 1–25.
]Search in Google Scholar
[
Panizza, U. 1999 Income Inequality and Economic Growth: Evidence from American Data. IADB Working Paper No. 404 (August 1999): 1–32.
]Search in Google Scholar
[
Perera, L. D. H. and Lee, G. H. 2014. Have economic growth and institutional quality contributed to poverty and inequality reduction in Asia. Journal of Asian Economics 27: 71–86.
]Search in Google Scholar
[
Roy-Mukherjee, S. and Udeogu, E. 2021. Neo-liberal globalization and income inequality: panel data evidence from OECD and Western Balkan countries. Journal of Balkan and Near Eastern Studies 231: 15–39.
]Search in Google Scholar
[
Scholl, N. and Klasen, S. 2019. Re-estimating the relationship between inequality and growth. Oxford Economic Papers, 71 (4): 824–847.
]Search in Google Scholar
[
Seven, U. and Coskun, Y. 2016. Does financial development reduce income inequality and poverty? Evidence from emerging countries. Emerging Markets Review 26: 34–63.
]Search in Google Scholar
[
Silajdzic, S. and Mehic, E. 2016. Absorptive Capabilities, FDI, and Economic Growth in Transition Economies. Emerging Markets Finance and Trade 52 (4): 904–922.
]Search in Google Scholar
[
Silajdzic, S. and Mehic, E. 2022. Institutions and Foreign Direct Investment: What Role for Investment Policy in Southeast Europe? South East European Journal of Economics and Business 17 (1): 30–53.
]Search in Google Scholar
[
Solt, F. 2016. The Standardized World Income Inequality Database. Social Science Quarterly 975: 1267–1281.
]Search in Google Scholar
[
The World Bank, World Development Indicators 2021. https://databank.worldbank.org/source/world-development-indicators (accessed July 21, 2021).
]Search in Google Scholar
[
Uvalić, M. and Bartlett, W. 2022. Towards an Inclusive Model of Development in the Western Balkans. In Towards Economic Inclusion in the Western Balkans, edited by Bartlett and Uvalic, 347–370. Basingstoke: Palgrave Macmillan.
]Search in Google Scholar
[
Uvalić, M. Structural weaknesses of the Western Balkan economies. Balkans in Europe PolicyBlog. 25 September 2014. https://www.researchgate.net/publication/269762563_Structural_weaknesses_of_the_Western_Balkan_economies (accessed February 1, 2024).
]Search in Google Scholar
[
Velkovksa, I., Trenovski, B., and Kozheski, K. 2020. Is There a Link between Income Inequality and Economic Growth in the Balkans? Testing the Kuznets Hypothesis. Revija za socijalnu politiku 28 (2): 227–238.
]Search in Google Scholar
[
Weychert, E. 2020. Financial development and income inequality. Central European Economic Journal 754: 84–100.
]Search in Google Scholar
[
Wooldridge, J. M. 2010. Econometric analysis of cross section and panel data. MIT press.
]Search in Google Scholar
and | Jun 29, 2024