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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 modulates the effect of financial development on economic growth. Three …
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This paper explores the causal relationships between public debt and economic growth, and between public debt service … and economic growth in Zambia for the period from 1970 to 2017. Unlike previous studies on this subject that relied on … results indicate that there is unidirectional Granger-causality from economic growth to public debt in Zambia, irrespective of …
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The role of monetary policy in promoting economic growth remains empirically an open research question. This paper … attempts to bridge the knowledge gap by investigating the impact of monetary policy on economic growth in Tanzania during the … of monetary policy on economic growth in the long term – irrespective of the proxy used to measure monetary policy …
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