Nonlinearity in the financial development–income inequality nexus

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Financial Development and Income Inequality: Is There Any Financial Kuznets Curve in Iran? (2014, background): “Kim and Lin (2011) noted that financial development improves income distribution if country 2 Zaman et al. (2012) reported that financial indicators improve human development via stimulating economic activity in Pakistan. achieves the threshold level of financial development and below this level…”
Financial Development and Income Inequality at Different Levels of Institutional Quality (2014, methodology): “For example, Kim and Lin (2011) find that the benefits of financial development on income distribution occur only if the country has reached a threshold level of financial development.”
A theory of financial inclusion and income inequality (2020, background): “However, research by Kim and Lin (2011) and Law, Tan, and Azman-Saini (2014) suggests that the relationship between financial development and inequality is non-linear and depends on a country’s level of financial development or institutional quality.”
Finance and Income Inequality: A Review and New Evidence (2017, unknown): “5 Based on a sample of 65 countries for 1960‐2005, Kim and Lin (2011) find that the benefits of financial development on income distribution occur only if the country has reached a threshold level of financial development. Below this critical threshold, financial development exacerbates income inequ”