Rewilak, Johan (2017). The role of financial development in poverty reduction. Review of Development Finance, 7 (2), pp. 169-176.
Abstract
This paper investigates whether financial development is conducive in poverty reduction. Separating financial development into four categories and using newly available data this paper finds that both financial deepening and greater physical access is beneficial in reducing the proportion of people below the poverty line. Using alternative measures of financial instability, the results also challenge existing findings that it may increase the incidence of poverty. In addition, the results remain robust even when controlling for mobile money, providing a further valuable contribution to the literature.
Publication DOI: | https://doi.org/10.1016/j.rdf.2017.10.001 |
---|---|
Divisions: | College of Business and Social Sciences > Aston Business School College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship College of Business and Social Sciences > Aston Business School > Centre for Personal Financial Wellbeing |
Additional Information: | © 2017 Africagrowth Institute. Production and hosting by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). |
Uncontrolled Keywords: | Financial development; Poverty reduction; Mobile money |
Publication ISSN: | 1879-9337 |
Last Modified: | 30 Sep 2024 11:21 |
Date Deposited: | 17 Nov 2017 12:25 |
Full Text Link: | |
Related URLs: |
https://www.sci ... 0891?via%3Dihub
(Publisher URL) |
PURE Output Type: | Article |
Published Date: | 2017-12-01 |
Published Online Date: | 2017-11-17 |
Accepted Date: | 2017-10-28 |
Authors: |
Rewilak, Johan
(
0000-0001-5337-8873)
|
Download
Version: Published Version
License: Creative Commons Attribution Non-commercial No Derivatives
| PreviewVersion: Accepted Version
Access Restriction: Restricted to Repository staff only
License: Creative Commons Attribution Non-commercial No Derivatives