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This paper attempts to analyze the fact that is trade liberalization reducing poverty and income inequality in Pakistan … significant impact on aggregate poverty and income inequality in Pakistan in short-run. In long run, trade liberalization has some … strong effects on poverty and inequality. Nevertheless, other control variables - foreign remittances and gross capital …
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development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that … remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and … income inequality dimensions of inclusive growth, we find that although remittances are ineffective in boosting the former …
Persistent link: https://www.econbiz.de/10014265891
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 …
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In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
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