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 …

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 …

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 …

income inequality on poverty and the severity of poverty in 42 Sub-Saharan African countries from 1980 to 2019. The Gini … index is used to measure income inequality while poverty is measured as the poverty headcount ratio, and the severity of … poverty is generated as the squared of the poverty gap index. An interactive quantile regression approach is used as an …

This paper investigates the impact of remittances on poverty and inequality in Nigeria. In contrast to the existing … this heterogeneous impact, we are able to address the effect of remittances on poverty and inequality simultaneously in a …. While this unambiguously supports the poverty alleviation role of remittances hypothesized in the literature, the …

conventional IG explanation highlights the contribution of remittances to household income and poverty reduction. However … trend in poverty headcount rate from 41.8% in 1996 to 30.9% in 2004 and 25.2% in 2011. This result is attributed to labour … migration and a sharp growth in the remittances-to-gross domestic product (GDP) ratio; in 2011/12 it was about 23%. The …