The study employs macro data on 42 African countries to examine whether remittances and financial development …. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …'s financial system is not potent enough for repacking remittances towards the equalisation of incomes, and (iii) vis …

This study employs macrodata on 42 African countries to examine whether remittances and financial development …. Robust evidence based on the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii …) Africa’s financial system is not potent enough for propelling remittances towards the equalisation of incomes, and (iii) vis …

This paper investigates the distributional consequences of international remittances using a panel data set from sixty … five developing economies from 1970 to 2015. It focuses on complementarity between financial development and remittances in … determining the inequality-impact of remittances using instrumental variables techniques of panel data for empirical analysis. The …