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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 …
Persistent link: https://www.econbiz.de/10008748148
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011409823
result, migrant remittances would be a significant source of reducing income inequality and, thereby, energy poverty …. Therefore, this study investigates the impact of migrant remittances on energy poverty and the mediating effect of income … mediation analysis. Our key results suggest that a 10% increase in migrant remittances reduces energy poverty by 0.0034 units …
Persistent link: https://www.econbiz.de/10014078704
Persistent link: https://www.econbiz.de/10008903582
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 …
Persistent link: https://www.econbiz.de/10014344595
Persistent link: https://www.econbiz.de/10012037826
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
Persistent link: https://www.econbiz.de/10012300650
Persistent link: https://www.econbiz.de/10014464294