中文摘要：

在收入差距的不同分位点上,金融发展对其的影响会展现出不一样的特征。由于我国区域金融发展不均,这一作用机制还具有显著的地区差异。本文利用面板分位回归模型和面板数据聚类方法探寻金融发展对贫富分化作用的分位点特征和地区差异。实证表明,我国大部分地区的金融发展加剧城乡收入差距的扩大,并且这一作用机制存在动态变化特征。当城乡收入差距从高分位点变动到低分位点时,金融发展拉大城乡收入差距的作用逐渐减缓,部分省份甚至具有金融发展抑制城乡收入差距扩大的效应。本文的研究结论将为业内人士和政府的相关决策提供参考依据。

英文摘要：

Financial development has complex dynamic impact on urban-rural income gap,which changes with the quantile of the income gap.Considering the unbalanced financial development in China,the effect of financial development on urban-rural income gap differs among regions.This paper analyses the quantile effects of financial development on urban-rural income gap and their regional differences.The empirical results show that financial development in most of the regions in China has posed a widening effect on the urban-rural income gap with a dynamic effect mechanism.With the changes from high quantiles to lower quantiles,the widening effects of financial development gradually diminish.Some of the provinces even show a negative impact of the financial development on the urban-rural income gap.These results will provide valuable references for insiders＇ and government＇s decision-making.