Impact of fiscal spending, financial inclusion on financial stability

Chengyonghui Duan and Soh Wei Ni

Finance Research Letters, 2024, vol. 69, issue PB

Abstract: The existing literature requires further comprehensive study on the relationship among fiscal expenditure, financial inclusion, and financial stability. This empirical study analyzes the impact of fiscal expenditure and financial inclusion on financial stability using panel data from 31 Chinese provinces (autonomous regions and municipalities directly under the central government) from 2011 to 2022. The study findings suggest that fiscal expenditures, financial inclusion, and technological development all improve financial stability. This study serves as a reference for designing fiscal expenditure measures and improving financial stability in the region.

Keywords: Fiscal spending; Financial inclusion; Financial stability (search for similar items in EconPapers)
JEL-codes: E37 E62 G21 G28 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324012674
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:69:y:2024:i:pb:s1544612324012674

DOI: 10.1016/j.frl.2024.106238

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().