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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Bibliographic Details
Main Author: Wahyu, Jatmiko (author)
Other Authors: Ebrahim, M. Shahid (author), Smaoui, Houcem (author)
Format: article
Published: 2023
Subjects:
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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