Recent innovations in digital financial technologies (FinTech) have called into question the role of FinTech in financial development. This study examines FinTech's direct and conditional effects on financial development using data from emerging and developing economies. Three measures of...

Given the indisputable roles of remittance and financial development in countries' economic performance, enhancing the nexus between the two variables has become pertinent. The remittance-financial development literature has surged, with a growing argument that making the relationship work is...

This study assesses financial determinants of informal financial sector development in 48 Sub-Saharan African countries for the period 1995-2017. Quantile regressions are used as the empirical strategy which enables the study to assess the determinants throughout the conditional distribution of...