Access to Financial Services and Income Inequality: A Panel Data Analysis
The allocation of capital through finance alters economic opportunities. Access and use of financial services allow individuals to facilitate their daily payment transactions, think for the long term through borrowing and savings, or manage unexpected emergencies. Extending financial access universa...
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| Main Authors: | , |
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| Format: | text |
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Animo Repository
2021
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/res_aki/25 https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1021&context=res_aki |
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| Institution: | De La Salle University |
| Summary: | The allocation of capital through finance alters economic opportunities. Access and use of financial services allow individuals to facilitate their daily payment transactions, think for the long term through borrowing and savings, or manage unexpected emergencies. Extending financial access universally should arguably benefit those on the lower end of the income distribution. Accordingly, this paper investigated the relationship between financial inclusion and income inequality using panel data of select countries for the period 2000–2017. |
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