The direction of causality between financial development and economic growth has recently received emphasis from numerous empirical works in sub-Saharan African countries. For a long time, it has been assumed that financial development is important for and leads to economic growth (supply...

In this paper, the modulating effect of income inequality in the finance-growth nexus using data from 29 sub-Saharan African (SSA) countries is examined. The study examines i) whether financial development still spurs economic growth in the studied countries, and ii) whether income inequality...