Financial development and income inequality in Africa: A panel heterogeneous approach

Anthanasius F. Tita and Meshach Aziakpono ()

No 614, Working Papers from Economic Research Southern Africa

Abstract: Although the financial sector of Africa has witnessed massive reforms to enhance its ability to support economic activities, reduce poverty and lower income inequality, Africa remains the poorest region and the second most unequal region in the world after Latin America. Despite these established facts, little empirical research exists on the relationship between financial development […]

Keywords: econometric modelling; financial development; Panel data; Social welfare (search for similar items in EconPapers)
JEL-codes: C23 D63 G21 I3 (search for similar items in EconPapers)
Date: 2016-06-01
New Economics Papers: this item is included in nep-afr and nep-ger
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Citations: View citations in EconPapers (14)

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