Sukūk development and income inequality
This paper investigates the link between sukūk development and income inequality by scrutinizing twenty-two countries’ data from 1995 to 2019. We employ the two-stage Fractional Regression Model to illustrate that sukūk issuance is associated with increased income disparity. This result is attribute...
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| Format: | article |
| Published: |
2023
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| Online Access: | http://dx.doi.org/10.1016/j.intfin.2023.101852 https://www.sciencedirect.com/science/article/pii/S1042443123001208 http://hdl.handle.net/10576/59258 |
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