Mobile money innovations, income inequality and gender inclusion in sub-Saharan Africa

Simplice Asongu, Peter Agyemang-Mintah (), Joseph Nnanna () and Eteke Yolande
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Peter Agyemang-Mintah: Zayed University, Abu Dhabi, UAE
Joseph Nnanna: The Development Bank of Nigeria, Abuja, Nigeria

No 23/047, Working Papers of the African Governance and Development Institute. from African Governance and Development Institute.

Abstract: The study assesses the role of mobile money innovations on income inequality and gender inclusion in 42 Sub-Saharan African countries for the period 1980 to 2019 using interactive quantile regressions. The following findings are established. First, income inequality unconditionally reduces the involvement of women in business and politics. Second, mobile money innovations interact with income inequality to have a positive impact on women in business and politics. Third, net effects from the role of mobile money innovations in income inequality for gender inclusion are consistently negative. Fourth, given that the positive conditional or interactive effects and negative net effects are consistent across the conditional distribution of gender inclusion, thresholds at which mobile money innovations can completely dampen the negative effect of income inequality on gender inclusion are provided. Among others, policy makers should work towards improving conditions for mobile money innovations. They should also be aware that reducing both income inequality and enhancing mobile money innovations simultaneously leads to more inclusive outcomes in terms of gender inclusion.

Keywords: Financial inclusion; inequality; mobile phones; sub-Saharan Africa; women (search for similar items in EconPapers)
JEL-codes: G20 I10 I20 I32 O40 (search for similar items in EconPapers)
Pages: 28
Date: 2023-01
New Economics Papers: this item is included in nep-mon and nep-pay
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Forthcoming: Financial Innovation

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http://www.afridev.org/RePEc/agd/agd-wpaper/Mobile ... b-Saharan-Africa.pdf Revised version, 2023 (application/pdf)

Related works:
Journal Article: Mobile money innovations, income inequality and gender inclusion in sub-Saharan Africa (2024)
Working Paper: Mobile money innovations, income inequality and gender inclusion in sub-Saharan Africa (2023)
Working Paper: Mobile money innovations, income inequality and gender inclusion in sub-Saharan Africa (2023)
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