Inequality and bank debt in Sweden in 1919–2012
研究揭示了1919-2012年瑞典不平等与银行债务占GDP比率的长期关系，发现高收入份额对债务比率的影响主要来自利润份额变化，并质疑了富人通过银行借钱给穷人的传统解释。
This study demonstrates a long-run relationship between inequality and the bank debt to GDP ratio in Sweden in 1919–2012. The findings suggest that much of the impact of the top income share on the debt ratio comes from changes in the profit share. Earlier research claims that the rich, via the banks, have lent their savings to the poor as a substitute for wage gains, but this description seems ill-suited for Sweden. An alternative explanation is that banks consider profits to be an indicator of the safety of a loan. This is more in line with the study’s findings.