教育不平等程度影响金融发展的收入分配效应吗？——基于中国省际面板数据的实证研究
Does Educational Inequality Affect the Income Distribution Effect of Financial Development？——Empirical Research Based on Provincial Panel Data in China

摘要 本文利用中国25个省市1999－2015年的面板数据，实证检验了教育不平等程度对于金融发展与收入分配关系的影响，结果显示：正规金融发展有利于缩小居民收入差距，非正规金融发展则不利于缩小居民收入差距；教育不平等程度的降低可以缩小居民收入差距；教育不平等程度越高，正规金融和非正规金融的发展对于收入分配的负面影响越大。因此，应重视教育公平与金融发展之间的协调和配套，建立金融部门与教育培训机构的利益联结机制来缩小居民收入差距。
Abstract：Based on the panel data of 25 provinces and cities in China from 1999 to 2015， this paper empirically tests the influence of educational inequality on the relationship between financial development and income distribution. The results show that the development of formal finance is conducive to narrowing the income gap， while the development of informal finance is not conducive to narrowing the income gap； the reduction of educational inequality can narrow the income gap； the higher the level of educational inequality， the more negative impact of the development of formal finance and informal finance on income distribution. Therefore， we should attach importance to the coordination and matching between educational equality and financial development， and establish the interest linkage mechanism between financial departments and educational training institutions to narrow the income gap among residents.