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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 …
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results indicate that effective financial inclusion and all four related dimensions lower poverty. Improved access and fintech … financial inclusion in achieving poverty reduction. …
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