This paper examines the effects of financial development on income inequality and poverty. The results of both cross …-country and panel data regressions suggest that inequality and poverty are reduced not only through enhanced loan markets, but … robust determinants of both income inequality and poverty. Finally, we find evidence that government spending leads to a …

income inequality on poverty and the severity of poverty in 42 Sub-Saharan African countries from 1980 to 2019. The Gini … index is used to measure income inequality while poverty is measured as the poverty headcount ratio, and the severity of … poverty is generated as the squared of the poverty gap index. An interactive quantile regression approach is used as an …