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Using 288 cities in China from 2000 to 2018, we show that a one-standard-deviation increase in bank concentration is associated with 7.9% lower population growth relative to the mean. This effect holds robust after controlling for city characteristics. Cities with higher bank concentration have...
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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...
Persistent link: https://www.econbiz.de/10012489070
Financial Inclusion for inclusive growth is a topic of contemporary significance and relevance. This study besides establishing the growth enhancing role of bank-based financial intermediation through empirical evidence has also found that access to finance by the poor is a prerequisite for...
Persistent link: https://www.econbiz.de/10013102296
Monetary innovation using Technology (FinTech) portrays the advancing intersection of monetary services (Fin) and innovation in technology (Tech). It alludes to new businesses, tech companies, or even innovating old ones. We break down what FinTech is, where it's headed, how to make the most of...
Persistent link: https://www.econbiz.de/10013219666
The poor use of innovations for financial service delivery among African banks has limited the extent of financial development in the continent. Consequently, financial authorities seeks for a technology-enabled financial solution; an area not well covered in literature. This study therefore,...
Persistent link: https://www.econbiz.de/10013179597
This paper uses the Growth-at-Risk (GaR) methodology to examine how macrofinancial conditions affect the growth outlook …
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