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Remittances and income inequality in Africa : financial development thresholds for economic policy
Ofori, Isaac Kwesi; Gbolonyo, Emmanuel; Dossou, Toyo … - 2022
. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …-à-vis financial access and depth, inefficiencies characterising Africa's financial institution is the main reason remittances …The study employs macro data on 42 African countries to examine whether remittances and financial development …
Persistent link: https://www.econbiz.de/10013257108
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Remittances and income inequality in Africa : financial development thresholds for economic policy
Ofori, Isaac Kwesi; Gbolonyo, Emmanuel Y.; Dossou, Toyo … - In: Research in globalization 4 (2022), pp. 1-13
. Robust evidence based on the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii …) Africa’s financial system is not potent enough for propelling remittances towards the equalisation of incomes, and (iii) vis …-à-vis financial access and depth, inefficiencies characterising Africa’s financial institutions is the main reason remittances …
Persistent link: https://www.econbiz.de/10013263036
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Towards inclusive growth in Africa : remittances, and financial development interactive effects and thresholds
Ofori, Isaac Kwesi; Gbolonyo, Emmanuel Y.; Dossou, Toyo … - 2023
remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and … development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that … income inequality dimensions of inclusive growth, we find that although remittances are ineffective in boosting the former …
Persistent link: https://www.econbiz.de/10014265891
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Hollowing out the middle? : remittances and income inequality in Nigeria
Bang, James T.; Mitra, Aniruddha; Wunnava, Phanindra V. - 2018
This paper investigates the impact of remittances on poverty and inequality in Nigeria. In contrast to the existing … impact of remittances for households at different levels of the conditional expenditure distribution. Furthermore, in tracing … this heterogeneous impact, we are able to address the effect of remittances on poverty and inequality simultaneously in a …
Persistent link: https://www.econbiz.de/10011821199
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Hollowing Out the Middle? Remittances and Income Inequality in Nigeria
Bang, James T. - 2018
This paper investigates the impact of remittances on poverty and inequality in Nigeria. In contrast to the existing … impact of remittances for households at different levels of the conditional expenditure distribution. Furthermore, in tracing … this heterogeneous impact, we are able to address the effect of remittances on poverty and inequality simultaneously in a …
Persistent link: https://www.econbiz.de/10012922449
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New financial development indicators : with a critical contribution to inequality empirics
Asongu, Simplice A. - 2013
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011409823
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How do financial reforms affect inequality through financial sector competition? : evidence from Africa
Asongu, Simplice A. - 2013
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
Persistent link: https://www.econbiz.de/10011410012
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Inequality, ICT and financial access in Africa
Tchamyou, Vanessa S.; Erreygers, Guido; Cassimon, Danny - 2018
This study investigates the role of information and communication technology (ICT) on income inequality through financial development dynamics of depth (money supply and liquid liabilities), efficiency (at banking and financial system levels), activity (from banking and financial system...
Persistent link: https://www.econbiz.de/10011998776
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Education, lifelong learning, inequality and financial access : evidence from African countries
Tchamyou, Vanessa S. - 2018
This study investigates the role of financial access in modulating the effect of education and lifelong learning on inequality in 48 African countries for the period 1996 to 2014. Lifelong learning is conceived and measured as the combined knowledge gained from primary through tertiary education...
Persistent link: https://www.econbiz.de/10011794989
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The role of information sharing in modulating the effect of financial access on inequality
Tchamyou, Vanessa Simen - 2018
This study examines the role of information sharing in modulating the effect of financial access on income inequality in 48 African countries for the period 2004-2014. Information sharing is proxied with private credit bureaus and public credit registries. All dynamics of financial development...
Persistent link: https://www.econbiz.de/10011993584