inequality and welfare. We find that consumption inequality results from differences in agents' decision to access financial … third of observed consumption inequality. Finally, we analyze various policies aimed at increasing financial inclusion and … find that a direct transfer to bank account holders yields the highest welfare and lowest consumption inequality. …

of financial inclusion on welfare and inequality. We find that significant consumption inequality can result from limited … simple model is able to account for approximately a third of the observed consumption inequality. We analyze various policies … decrease in welfare and an increase in consumption inequality. Moreover, we find that a direct benefit transfer to bank account …

results indicate that effective financial inclusion and all four related dimensions lower poverty. Improved access and fintech … infrastructure reduce income inequality, and these two dimensions complement usage in increasing entrepreneurship. However, the … financial inclusion in achieving poverty reduction. …

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 …Financial inclusion is a key element of social inclusion, particularly useful in combat-ing poverty and income …