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Growing Science » Management Science Letters » The impact of financial inclusion on income inequality in transition economies

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Management Science Letters
ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 9 Issue 5 pp. 661-672, 2019

The impact of financial inclusion on income inequality in transition economies Pages 661-672 PDF Download PDF

Authors: Quoc Hoi Le, Hoang Lan Ho, Ngoc Cuong Mai

📋 Author Affiliations:
Q.H. Le ORCID 1, H.L. Ho2, N.C. Mai ORCID 1
1 N/A
2 National Economics University, 207 Giai Phong Road, Hanoi, Viet Nam
doi 10.5267/j.msl.2019.2.005
22 Source: Scopus
Crossref 23 Source: CrossRef

🔑 Keywords: Financial inclusion, Income inequality, Transition economies

Abstract: Financial inclusion is considered as a critical factor that contributes to the reduction of income imbalance. This paper uses a two-stage least squares (2SLS) model and two different financial inclusion index to examine the impact of financial inclusion on income inequality in 22 transition economies over 11 years from 2005 to 2015. The paper finds that there was a negative relationship between the financial inclusion index and the GINI coefficient. The paper also suggests some policy recommendations to reduce income inequality through developing financial inclusion.

How to cite this paper
APA: Le, Q., Ho, H & Mai, N. (2019). The impact of financial inclusion on income inequality in transition economies. Management Science Letters, 9(5), 661-672.
Chicago/Turabian: Le, Q., Ho, H & Mai, N. 2019. "The impact of financial inclusion on income inequality in transition economies." Management Science Letters 9, no. 5 (2019): 661-672.
AMA: Le, Q., Ho, H & Mai, N. The impact of financial inclusion on income inequality in transition economies. Management Science Letters. 2019;9(5):661-672.

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📚 Journal: Management Science Letters | 📅 Year: 2019 | 📖 Volume: 9 | 📄 Issue: 5 | 👁️ Views: 4179 | 📊 Crossref: 23

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