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Middle class in Africa: Determinants and Consequences
Kodila-Tedika, Oasis; Asongu, Simplice A.; Kayembe, … - 2014
This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011390886
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Middle class in Africa : determinants and consequences
Kodila-Tedika, Oasis; Asongu, Simplice A.; Kayembe, … - 2014
This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011409206
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Inequality, poverty and quality of institutions: which freedom channels of globalization matter for Africa?
Asongu, Simplice A. - In: European Economic Letters 2 (2013) 1, pp. 24-31
which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure …) political liberalization has a disequalizing effect and; (3) economic freedom has a positive (negative) effect on inequality … some channels of globalization on poverty (and inequality), formal institutions have the capacity to device policies that …
Persistent link: https://www.econbiz.de/10010840475
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How do institutions matter in the income-equalizing effect of mobile phone penetration?
Asongu, Simplice A. - In: European Economic Letters 2 (2013) 2, pp. 56-61
The object of this paper is to complement theoretical ‘mobile penetration’ literature with empirical evidence in a dual manner: on the one hand, assess the income-redistributive effect of mobile phone penetration and; on the other hand, the instrumentality of good governance in this nexus....
Persistent link: https://www.econbiz.de/10010840478
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New Financial Development Indicators: With a Critical Contribution to Inequality Empirics
Asongu, Simplice A. - In: Manager Journal 4 (2014) 1, pp. 33-50
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/10011167274
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Investment and Inequality in Africa: which financial channels are good for the poor?
Asongu, Simplice A. - 2011
This paper examines how domestic, foreign, private and public investments affect income-inequality through financial … the poor as they diminish estimated household income-inequality. Financial size does not have a significant income … in the literature provide new insights into the finance-inequality nexus. Policy implications are discussed. …
Persistent link: https://www.econbiz.de/10011390778
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Finance and Inequality: Exploring Pro-Poor Investment Channels in Africa
Asongu, Simplice A. - 2011
Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to …
Persistent link: https://www.econbiz.de/10011390779
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Inequality, poverty and quality of institutions: which freedom channels of globalization matter for Africa?
Asongu, Simplice A. - 2013
which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure …) political liberalization has a disequalizing effect and; (3) economic freedom has a positive (negative) effect on inequality … some channels of globalization on poverty (and inequality), formal institutions have the capacity to device policies that …
Persistent link: https://www.econbiz.de/10011390834
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How do financial reforms affect inequality through financial sector competition? Evidence from Africa
Asongu, Simplice A. - 2013
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial …: (1) while formal financial development decreases inequality, financial sector formalization increases it; (2) whereas … semi-formal financial development increases inequality, the effect of financial semi-formalization is unclear; (3) both …
Persistent link: https://www.econbiz.de/10011390836
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The impact of mobile phone penetration on African inequality
Asongu, Simplice A. - 2013
survey-based approaches in the literature and provides the first macroeconomic assessment of the 'mobile phone'-inequality …
Persistent link: https://www.econbiz.de/10011390847