Journal ArticleDOI
Financial inclusion and stability in MENA: Evidence from poverty and inequality
Simon Neaime,Isabelle Gaysset +1 more
TLDR
In this paper, the impact of financial inclusion on income inequality, poverty, and financial stability in eight MENA countries over the period 2002-2015 is investigated. And the empirical evidence indicates that while financial integration is a contributing factor to financial instability in MENA, financial inclusion contributes positively to financial stability.About:
This article is published in Finance Research Letters.The article was published on 2017-09-01. It has received 223 citations till now. The article focuses on the topics: Financial inclusion & Financial integration.read more
Citations
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Journal ArticleDOI
Financial inclusion matters for economic growth in India: Some evidence from cointegration analysis
TL;DR: In this paper, a multidimensional time-varying index is proposed following the Human Development Index method to measure the relationship between financial inclusion (FI) and economic growth in India.
Journal ArticleDOI
Financial access, governance and the persistence of inequality in Africa: Mechanisms and policy instruments
TL;DR: In this paper, the authors investigate policy instruments by which the persistence of inequality is affected through financial development channels in 48 African countries for the period 1996 to 2014, and show that financial depth and financial stability are the best channels of reducing inequality.
Journal ArticleDOI
Financial inclusion and poverty reduction in India
TL;DR: In this paper, the authors investigated the impacts of financial development through commercial banks on poverty conditions in India, using unbalanced panel data for Indian states and union territories from 1973 to 2004, and applying the generalized method of moments estimation, the author estimates models in which the poverty ratio is explained by financial inclusion and financial deepening for public sector banks and private sector banks, respectively.
Book ChapterDOI
Measurement of Economic and Banking Stability in Emerging Markets by Considering Income Inequality and Nonperforming Loans
TL;DR: In this article, the authors measured the relationship between income inequality and nonperforming loans ratio in 20 different emerging economies by using Pedroni panel cointegration and Dumitrescu Hurlin panel causality analysis.
Journal ArticleDOI
Fintech-based financial inclusion and bank risk-taking: Evidence from OIC countries
TL;DR: In this article, the authors investigated whether a higher degree of fintech-based financial inclusion (FFI) intensifies banks' risk-taking by analysing data from 534 banks from 24 OIC countries.
References
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Journal ArticleDOI
Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.
Manuel Arellano,Stephen Bond +1 more
TL;DR: In this article, the generalized method of moments (GMM) estimator optimally exploits all the linear moment restrictions that follow from the assumption of no serial correlation in the errors, in an equation which contains individual effects, lagged dependent variables and no strictly exogenous variables.
Report SeriesDOI
Initial conditions and moment restrictions in dynamic panel data models
Richard Blundell,Stephen Bond +1 more
TL;DR: In this paper, two alternative linear estimators that are designed to improve the properties of the standard first-differenced GMM estimator are presented. But both estimators require restrictions on the initial conditions process.
Journal ArticleDOI
Another look at the instrumental variable estimation of error-components models
Manuel Arellano,Olympia Bover +1 more
TL;DR: In this paper, a framework for efficient IV estimators of random effects models with information in levels which can accommodate predetermined variables is presented. But the authors do not consider models with predetermined variables that have constant correlation with the effects.
Journal ArticleDOI
Estimating vector autoregressions with panel data
TL;DR: In this article, the authors consider estimation and testing of vector autoregressio n coefficients in panel data, and apply the techniques to analyze the dynamic relationships between wages an d hours worked in two samples of American males.