In this paper, the modulating effect of income inequality in the finance-growth nexus using data from 29 sub-Saharan African (SSA) countries is examined. The study examines i) whether financial development still spurs economic growth in the studied countries, and ii) whether income inequality...

Purpose This study examines the moderating role of institutional quality and its threshold in the African financial development-economic complexity nexus. This objective follows the argument that institutional quality influences the financial system's efficiency in allocating resources to...