Effect of gender equality on financial stability and financial inclusion

Peterson Ozili

Social Responsibility Journal, 2023, vol. 20, issue 2, 205-223

Abstract: Purpose - This study aims to examine the effect of gender equality on financial stability and financial inclusion for 14 developing countries using yearly data from 2005 to 2021. Design/methodology/approach - The two-stage least squares regression estimation and the generalized linear model regression estimation were used to investigate the effect of gender equality on financial stability and financial inclusion. Findings - Gender equality has a significant positive effect on financial stability and financial inclusion in developing countries. Gender equality has a significant positive effect on financial stability and financial inclusion in African countries. Gender equality has a significant positive effect on financial stability but not on financial inclusion in non-African countries. Originality/value - Little attention has been paid to the role of gender equality in promoting financial stability and financial inclusion. The authors address this issue in this study.

Keywords: Gender equality; Gender inequality; Financial inclusion; Financial stability; Access to finance; ZSCORE; Bank branches; G21; G28; J16 (search for similar items in EconPapers)
Date: 2023
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Working Paper: Effect of gender equality on financial stability and financial inclusion (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:eme:srjpps:srj-12-2022-0565

DOI: 10.1108/SRJ-12-2022-0565

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