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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/10013288314
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
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/10012807468
and high income inequality make the policy hard to implement, which is likely to cause the economy to fall into a poverty …
Persistent link: https://www.econbiz.de/10009366286
likely to cause the economy to fall into a poverty trap. …
Persistent link: https://www.econbiz.de/10011107764
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