This study uses machine learning techniques to identify the key drivers of financial development in Africa. To this end, four regularization techniques- the Standard lasso, Adaptive lasso, the minimum Schwarz Bayesian information criterion lasso, and the Elasticnet are trained based on a dataset...

Financial development impacts a country’s economic growth and development. Due to this, many nations have sought new ways to bring about financial sector development. For developing economies, innovations in the financial sector are a sure bet for the development of financial inclusion. Mobile...

Empirical evidence on the link between financial inclusion and out-of-pocket health expenditure remain sparse while existing studies have mainly not used a multidimensional financial inclusion index. This study examines the link between financial inclusion and out-of-pocket health expenditure in...

This paper investigates the effect of household remittance inflows on child education in Ghana using data from the Ghana Living Standards Survey Six (GLSS 6). Employing an instrumental variable approach and including children at the nursery and kindergarten levels in our study, the following...