Finance and inequality, an exploratory look from the perspective of financialization

This study explores the complex relationship between financialization and inequality in income distribution, which occurs in different dimensions. The concept of financialization is presented with a broad perspective to better understand its definitions. It is then analyzed in relation to inequality, e...

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Autor principal: Guevara-Castañeda, Diego Alejandro
Formato: Revistas
Lenguaje:Español
Publicado: Universidad de Cartagena 2013
Acceso en línea:https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/812
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author Guevara-Castañeda, Diego Alejandro
author_facet Guevara-Castañeda, Diego Alejandro
author_sort Guevara-Castañeda, Diego Alejandro
collection Revista
description This study explores the complex relationship between financialization and inequality in income distribution, which occurs in different dimensions. The concept of financialization is presented with a broad perspective to better understand its definitions. It is then analyzed in relation to inequality, examining alternatives such as increasing returns on financial capital, based on the maximization of shareholder value, as opposed to offering higher wages or wage stagnation. In addition, the study also looks at household debt and its effect on their future disposable income in the medium and long term.
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spelling oai:revistas.unicartagena.edu.co:article-8122020-04-16T09:29:21Z Finance and inequality, an exploratory look from the perspective of financialization Finanzas y desigualdad, una mirada exploratoria desde la perspectiva de la financiarización Guevara-Castañeda, Diego Alejandro Financialization income distribution inequality deregulation finance Financiarización distribución del ingreso desigualdad endeudamiento desregulación This study explores the complex relationship between financialization and inequality in income distribution, which occurs in different dimensions. The concept of financialization is presented with a broad perspective to better understand its definitions. It is then analyzed in relation to inequality, examining alternatives such as increasing returns on financial capital, based on the maximization of shareholder value, as opposed to offering higher wages or wage stagnation. In addition, the study also looks at household debt and its effect on their future disposable income in the medium and long term. Este artículo presenta una exploración a los vínculos entre la compleja relación de financiarización y desigualdad en la distribución, la cual puede darse en diferentes dimensiones. Primeramente se presenta el concepto de financiarización en una perspectiva amplia para entender sus diferentes definiciones y enfoques. Posteriormente se revisan algunos canales entre financiarización y desigualdad como lo son el privilegio de las rentas financieras bajo la forma de maximización del valor del accionista a costa del estancamiento de los salarios, además se enfatiza cómo los altos niveles de endeudamiento de las familias pueden afectar su ingreso disponible en el mediano y largo plazo. 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spellingShingle Guevara-Castañeda, Diego Alejandro
Finance and inequality, an exploratory look from the perspective of financialization
title Finance and inequality, an exploratory look from the perspective of financialization
title_full Finance and inequality, an exploratory look from the perspective of financialization
title_fullStr Finance and inequality, an exploratory look from the perspective of financialization
title_full_unstemmed Finance and inequality, an exploratory look from the perspective of financialization
title_short Finance and inequality, an exploratory look from the perspective of financialization
title_sort finance and inequality, an exploratory look from the perspective of financialization
url https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/812