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"Poverty and income inequality remain a stubborn challenge in Asia and the Pacific despite the region’s rapid economic … expansion in previous decades, which lifted millions out of poverty. Financial inclusion is often considered as a critical … between financial inclusion, poverty, and income inequality at the country level will help policymakers design and implement …
Persistent link: https://www.econbiz.de/10010519681
inclusion on poverty and income inequality. The results provide evidence that high- and middle-high-income economies with high … financial inclusion have significantly lower poverty, while no such relation exists for middle-low and low-income economies. The … nonlinearities in the cross-country determinants and impacts of financial inclusion on poverty and income inequality across income …
Persistent link: https://www.econbiz.de/10011808290
Poverty and income inequality remain a stubborn challenge in Asia and the Pacific despite the region's rapid economic … expansion in previous decades, which lifted millions out of poverty. Financial inclusion is often considered as a critical … between financial inclusion, poverty, and income inequality at the country level will help policymakers design and implement …
Persistent link: https://www.econbiz.de/10012937513
results indicate that effective financial inclusion and all four related dimensions lower poverty. Improved access and fintech … financial inclusion in achieving poverty reduction. …
Persistent link: https://www.econbiz.de/10012656591
Financial inclusion is a key element of social inclusion, particularly useful in combat-ing poverty and income … investigate the impact of financial inclusion on reducing poverty and income inequality, and the determinants and conditional … robust evidence that financial inclusion significantly reduces poverty rates and income inequality in developing countries …
Persistent link: https://www.econbiz.de/10012256406
Persistent link: https://www.econbiz.de/10011856736
This paper empirically examines the quantitative relationship between financial inclusion and inclusive growth in sub-Saharan Africa using a panel of 46 countries for the period 2004–2018. The evidence suggests that usage of financial services, among other covariates, has a quantifiable and...
Persistent link: https://www.econbiz.de/10013461052
This is the supplemental material to the paper titled "Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and The Distribution of Income." It includes additional theoretical and quantitative results. It also includes illustration for the numerical algorithm for our...
Persistent link: https://www.econbiz.de/10012844703
We develop a micro-founded general equilibrium model with heterogeneous agents to identify pertinent constraints to financial inclusion. We evaluate quantitatively the policy impacts of relaxing each of these constraints separately, and in combination, on GDP and inequality. We focus on three...
Persistent link: https://www.econbiz.de/10013027668
A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion...
Persistent link: https://www.econbiz.de/10012846881