The paper analyzes the relationship between remittances and financial development using the autoregressive distributed lag (ARDL) method based on Kenyan quarterly data from 2006 to 2016. Five different indicators of financial development are used in the study. The study used credit to the...

The paper analyzes the relationship between remittances and financial development using Kenyan quarterly data from 2006 to 2016. Five different indicators of financial development are used: credit to the private sector as a share of GDP, the number of mobile transactions, the value of these...

The scope of financial development has been expanding and moving gradually towards a more inclusive development thus attention is gradually shifting to financial inclusion. It is against this background that this study investigates the role of migrants’ remittances on financial inclusion in...

The main purpose of this paper is to empirically investigate the impacts of remittance inflows, financial inclusion, and economic development and whether inward remittances may help to construct an inclusive financial system. Using both endogeneity-robust generalized method of moments and a...

Mobile money is an innovation that allows financial transactions to be performed via a cell phone. Even in poor regions of Africa, almost everyone has a cell phone; therefore, mobile money could both contribute to the continent’s economic growth and ensure that no Africans are excluded from...

Purpose: This study aims to assess the impact of financial development and financial inclusion on economic growth in Kenya by investigating the long-run relationships among them. Design/methodology/approach: This study uses bank claims on the private sector and broad money to proxy for financial...

Although Kenya’s most recent development goals - the Big Four Agenda: food security, manufacturing, universal health, and affordable housing are aimed at growing the economy, the role of financial inclusion in achieving the agenda remains underexplored. Financial inclusion is the ability of...