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Bu çalışmada, 1990-2014 dönemi boyunca BRICS ekonomilerinde finansal gelişmenin gelir eşitsizliği üzerindeki rolü araştırılmaktadır. İçselliği kontrol etmek için finansal gelişme göstergelerine ek olarak, kişi başına düşen reel GSYH’nın büyüme oranı, beşeri sermaye endeksi ve GSYH içerisinde modern sektörün payı araç değişkeni olarak kullanılmıştır ve gelir eşitsizliği gini katsayısı ile ölçülmüştür. Havuzlanmış ortalama grup (PMG) tahmincisine dayalı ampirik sonuçlar, bu yükselen ekonomilerde finansal gelişmenin düşük gelir gruplarına yarar sağlamadığını ileri süren, gelir eşitsizliğini arttırıcı hipotezi desteklemektedir. Diğer bir ifade ile ampirik bulgular finansal gelişmenin gelir eşitsizliğini uzun dönemde arttırdığını ortaya koymaktadır. Bu çalışmanın politika iması, bu ekonomilerde gelir eşitsizliği ile mücadele etmek için mevcut ekonomi politikalarının finansal erişimin öneminin farkına varması gerektiğidir.
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