The impact of financial inclusion on income inequality in transition economies
inancial inclusion is considered as a critical factor that contributes to the reduction of income imbalance. This paper uses a two-stage least squares (2SLS) model and two different financial inclusion index to examine the impact of financial inclusion on income inequality in 22 transition economies...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Growing Science
2019-02-01
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| Series: | Management Science Letters |
| Subjects: | |
| Online Access: | http://www.growingscience.com/msl/Vol9/msl_2019_62.pdf |
| _version_ | 1819090451589758976 |
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| author | Quoc Hoi Le Hoang Lan Ho Ngoc Cuong Mai |
| author_facet | Quoc Hoi Le Hoang Lan Ho Ngoc Cuong Mai |
| author_sort | Quoc Hoi Le |
| collection | DOAJ |
| description | inancial inclusion is considered as a critical factor that contributes to the reduction of income imbalance. This paper uses a two-stage least squares (2SLS) model and two different financial inclusion index to examine the impact of financial inclusion on income inequality in 22 transition economies over 11 years from 2005 to 2015. The paper finds that there was a negative relationship between the financial inclusion index and the GINI coefficient. The paper also suggests some policy recommendations to reduce income inequality through developing financial inclusion. |
| first_indexed | 2024-12-21T22:24:02Z |
| format | Article |
| id | doaj.art-93a345ecc654497c8c356e06fa423f76 |
| institution | Directory Open Access Journal |
| issn | 1923-9335 1923-9343 |
| language | English |
| last_indexed | 2024-12-21T22:24:02Z |
| publishDate | 2019-02-01 |
| publisher | Growing Science |
| record_format | Article |
| series | Management Science Letters |
| spelling | doaj.art-93a345ecc654497c8c356e06fa423f762022-12-21T18:48:16ZengGrowing ScienceManagement Science Letters1923-93351923-93432019-02-019566167210.5267/j.msl.2019.2.005The impact of financial inclusion on income inequality in transition economiesQuoc Hoi LeHoang Lan HoNgoc Cuong Mai inancial inclusion is considered as a critical factor that contributes to the reduction of income imbalance. This paper uses a two-stage least squares (2SLS) model and two different financial inclusion index to examine the impact of financial inclusion on income inequality in 22 transition economies over 11 years from 2005 to 2015. The paper finds that there was a negative relationship between the financial inclusion index and the GINI coefficient. The paper also suggests some policy recommendations to reduce income inequality through developing financial inclusion.http://www.growingscience.com/msl/Vol9/msl_2019_62.pdfFinancial inclusionIncome inequalityTransition economies |
| spellingShingle | Quoc Hoi Le Hoang Lan Ho Ngoc Cuong Mai The impact of financial inclusion on income inequality in transition economies Management Science Letters Financial inclusion Income inequality Transition economies |
| title | The impact of financial inclusion on income inequality in transition economies |
| title_full | The impact of financial inclusion on income inequality in transition economies |
| title_fullStr | The impact of financial inclusion on income inequality in transition economies |
| title_full_unstemmed | The impact of financial inclusion on income inequality in transition economies |
| title_short | The impact of financial inclusion on income inequality in transition economies |
| title_sort | impact of financial inclusion on income inequality in transition economies |
| topic | Financial inclusion Income inequality Transition economies |
| url | http://www.growingscience.com/msl/Vol9/msl_2019_62.pdf |
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