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This paper attempts to analyze the fact that is trade liberalization reducing poverty and income inequality in Pakistan … significant impact on aggregate poverty and income inequality in Pakistan in short-run. In long run, trade liberalization has some … strong effects on poverty and inequality. Nevertheless, other control variables - foreign remittances and gross capital …
Persistent link: https://www.econbiz.de/10010344517
The study employs macro data on 42 African countries to examine whether remittances and financial development …. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …'s financial system is not potent enough for repacking remittances towards the equalisation of incomes, and (iii) vis …
Persistent link: https://www.econbiz.de/10013257108
development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that … remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and … income inequality dimensions of inclusive growth, we find that although remittances are ineffective in boosting the former …
Persistent link: https://www.econbiz.de/10014265891
Persistent link: https://www.econbiz.de/10014424731
Persistent link: https://www.econbiz.de/10014428882
This study employs macrodata on 42 African countries to examine whether remittances and financial development …. 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 …
Persistent link: https://www.econbiz.de/10013263036
This paper examines the effects of financial development on income inequality and poverty. The results of both cross …-country and panel data regressions suggest that inequality and poverty are reduced not only through enhanced loan markets, but … robust determinants of both income inequality and poverty. Finally, we find evidence that government spending leads to a …
Persistent link: https://www.econbiz.de/10008748148
Persistent link: https://www.econbiz.de/10011385642
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
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