Accesso libero

Does Financial Inclusion Improve Income Equality? The Case of Türkiye

INFORMAZIONI SU QUESTO ARTICOLO

Cita

Adom, P. K., Amakye, K., Barnor, C., & Quartey, G. (2015). The long-run impact of idiosyncratic and common shocks on industry output in Ghana. OPEC Energy Review, 39(1), 17-52. https://doi.org/10.1111/opec.12039 Search in Google Scholar

Agyemang-Badu, A. A., Agyei, K., & Kwaku Duah, E. (2018). Financial inclusion, poverty and income inequality: Evidence from Africa. International Journal of Poverty Studies, 2(2). https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3167200 Search in Google Scholar

Alvarez, I. (2015). Financialization, non-financial corporations and income inequality: the case of France. Socio-economic Review, 13(3), 449-475. https://doi.org/10.1093/ser/mwv007 Search in Google Scholar

Atkinson, A. (1997). Public economics in action; Oxford University Press: Oxford, UK. Search in Google Scholar

Baloch, A., Shah, S. Z., Noor, Z. M., & Magsi, H. B. (2018). The nexus between income inequality, economic growth and environmental degradation in Pakistan. GeoJournal, 83, 207-222. https://doi.org/10.1007/s10708-016-9766-3 Search in Google Scholar

Blau, B. M. (2018). Income inequality, poverty, and the liquidity of stock markets. Journal of Development Economics, 130, 113-126. https://doi.org/10.1016/j.jdeveco.2017.10.006 Search in Google Scholar

Brune, L., Giné, X., Goldberg, J., & Yang, D. (2011). Commitments to save: A field experiment in rural Malawi. World Bank Policy Research Working Paper Series No. 5748. Washington, DC: World Bank. https://doi.org/10.1596/1813-9450-5748 Search in Google Scholar

Çalış, N. & Gökçeli, E. (2022). The relationship between financial inclusion and income inequality; evidence from Turkey. Journal of Management and Economics Research, 20 (4), 401-414. http://dx.doi.org/10.11611/yead.1177426 Search in Google Scholar

Chen, J.H. & Huang, Y.F. (2013). The study of the relationship between carbon dioxide (CO2) emission and economic growth. Journal of International and Global Economic Studies, 6(2), 45-61. http://conferencenow.info/yhsing/applied-economics-journals/ARCHIVE/jiges/index_files/JIGES%20DEC%202013%20CHEN%20HUANG%20%203-28-2014.pdf Search in Google Scholar

Chipote, P., Mgxekwa, B. & Godza, P. (2014). Impact of financial liberalisation on economic growth: A case study of South Africa. Mediterranean Journal of Social Sciences (MJSS), 5, 1–8. http://dx.doi.org/10.5901/mjss.2014.v5n23p238 Search in Google Scholar

Chiwira, O., Bakwena, M., Mupimpila, C. & Tlhalefang, J. (2016). Integration, Inclusion, Development in the Financial Sector and Economic Growth Nexus in SADC: Empirical Review. Journal of Economics, Management and Trade 2016, 11, 1–15. http://dx.doi.org/10.9734/BJEMT/2016/21914 Search in Google Scholar

Dabla-Norris, M. E., Kochhar, M. K., Suphaphiphat, M. N., Ricka, M. F., & Tsounta, E. (2015). Causes and consequences of income inequality: A global perspective. IMF. https://www.imf.org/external/pubs/ft/sdn/2015/sdn1513.pdf Search in Google Scholar

Das, M., & Mohapatra, S. (2003). Income inequality: the aftermath of stock market liberalization in emerging markets. Journal of Empirical Finance, 10(1-2), 217-248. https://doi.org/10.1016/S0927-5398(02)00025-7 Search in Google Scholar

Dickey, D. A., & Fuller, W. A. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74(366), 427-431. https://doi.org/10.1080/01621459.1979.10482531 Search in Google Scholar

Digdowiseiso, K. (2009). Education inequality, economic growth, and income inequality: Evidence from Indonesia, 1996-2005. MPRA paper. https://dx.doi.org/10.2139/ssrn.1602642 Search in Google Scholar

Esteve, V. & Requena, F. (2006). A cointegration analysis of car advertising and sales data in the presenceof structural change. International Journal of the Economics of Business, 13(1), 111-128. https://doi.org/10.1080/13571510500520036 Search in Google Scholar

Greenwood, J. & Jovanovic, B. (1990). Financial development, growth and the distribution of income. Journal of Political Economy, 5, 1076-1107. http://dx.doi.org/10.1086/261720 Search in Google Scholar

Heydarova, M. (2020). Türkiye ekonomisinde finansallaşma ve fiyat istikrarı ilişkisi. Yüksek Lisans Tezi) Eskişehir, 2020. http://openaccess.ogu.edu.tr:8080/xmlui/bitstream/handle/11684/2517/292-7121-10357120.pdf?sequence=1&isAllowed=y Search in Google Scholar

Hjalmarsson, E. and Österholm P. (2007). Testing for cointegration using the johansen methodology when variables are near-integrated. IMF Working Paper, WP/07/141. https://ssrn.com/abstract=1007890 Search in Google Scholar

IMF (2023). Financial Development Database. Search in Google Scholar

Khan, I., Khan, I., Sayal, A. U., & Khan, M. Z. (2022). Does financial inclusion induce poverty, income inequality, and financial stability: Empirical evidence from the 54 African countries? Journal of Economic Studies, 49(2), 303-314. https://doi.org/10.1108/JES-07-2020-0317 Search in Google Scholar

Kim, J. H. (2016). A study on the effect of financial inclusion on the relationship between income inequality and economic growth. Emerging Markets Finance and Trade, 52(2), 498-512. https://doi.org/10.1080/1540496X.2016.1110467 Search in Google Scholar

Kling, G., Pesqué-Cela, V., Tian, L., & Luo, D. (2022). A theory of financial inclusion and income inequality. The European Journal of Finance, 28(1), 137-157. https://doi.org/10.1080/1351847X.2020.1792960 Search in Google Scholar

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. https://www.bis.org/review/r051214e.pdf Search in Google Scholar

Leeladhar, V. (2005). Taking Banking Services to the Common Man – Financial Inclusion, Commemorative Lecture at the Fedbank Hormis Memorial Foundation at Ernakulam. https://www.bis.org/review/r051214e.pdf Search in Google Scholar

Lin, K. H., & Tomaskovic-Devey, D. (2013). Financialization and US income inequality, 1970–2008. American Journal of Sociology, 118(5), 1284-1329. http://dx.doi.org/10.1086/669499 Search in Google Scholar

Menyelim, C. M., Babajide, A. A., Omankhanlen, A. E., & Ehikioya, B. I. (2021). Financial inclusion, income inequality and sustainable economic growth in sub-Saharan African countries. Sustainability, 13(4), 1780. https://doi.org/10.3390/su13041780 Search in Google Scholar

Neaime, S., & Gaysset, I. (2018). Financial inclusion and stability in MENA: Evidence from poverty and inequality. Finance Research Letters, 24, 230-237. https://doi.org/10.1016/j.frl.2017.09.007 Search in Google Scholar

Omar, M. A., & Inaba, K. (2020). Does financial inclusion reduce poverty and income inequality in developing countries? A panel data analysis. Journal of economic structures, 9(1). https://journalofeconomicstructures.springeropen.com/articles/10.1186/s40008-020-00214-4 Search in Google Scholar

Ouechtati, I. (2020). The contribution of financial inclusion in reducing poverty and income inequality in developing countries. Asian Economic and Financial Review, 10(9) 1051-1061. http://doi.org/10.18488/journal.aefr.2020.109.1051.1061 Search in Google Scholar

Park, C. Y., & Mercado Jr, R. (2018). Financial inclusion, poverty, and income inequality. The Singapore Economic Review, 63(01), 185-206. https://doi.org/10.1142/S0217590818410059 Search in Google Scholar

Park, J. Y. (1992). Canonical cointegrating regressions. Econometrica, 60, 119-143. https://doi.org/10.2307/2951679 Search in Google Scholar

Phillips, P. C. B., & Perron, P. (1988). Testing for a unit root in time series regression. Biometrika, 75(2), 335-346. https://doi.org/10.2307/2336182 Search in Google Scholar

Phillips, P.C.B. & Hansen, B.E. (1990). Statistical inference in instrumental variables regression with I(1) processes. The Review of Economic Studies, 57, 99–125. https://doi.org/10.2307/2297545 Search in Google Scholar

Piketty, T. & Saez, E. (2003). Income inequality in the United States, 1913–1998. The Quarterly Journal of Economics, 118, 1–41. https://doi.org/10.1162/00335530360535135 Search in Google Scholar

Sahay, R., Čihák, M., N’Diaye, P., Barajas, A., Bi, R., Ayaka, D., Gao Y., Kyobe, A., Nguyen, L., Saborowski, C., Svirydzenka, K., & Yousefi, S.R. (2015). Rethinking Financial Deepening: Stability and Growth in Emerging Markets. IMS Stuff Discussion Note. Rethinking Financial Deepening: Stability and Growth (imf.org) Search in Google Scholar

Seven, U., & Coskun, Y. (2016). Does financial development reduce income inequality and poverty? Evidence from emerging countries. Emerging Markets Review, 26, 34-63. https://doi.org/10.1016/j.ememar.2016.02.002 Search in Google Scholar

Shahbaz, M. (2010). Income inequality-economic growth and non-linearity: A case of Pakistan. International Journal of Social Economics, 37(8), 613-636. https://doi.org/10.1108/03068291011060652 Search in Google Scholar

Takmaz, S., Sarı, E., & Alataş, S. (2022). Financial inclusion in Turkey: unpacking the provincial inequality and its determinants. Applied Economics Letters, 1-9. https://doi.org/10.1080/13504851.2022.2141442 Search in Google Scholar

Van Arnum, B. M., & Naples, M. I. (2013). Financialization and Income Inequality in the United States, 1967–2010. American Journal of Economics and Sociology, 72(5), 1158-1182. https://doi.org/10.1111/ajes.12036 Search in Google Scholar

World Bank (2023). World development indicators. Washington, D.C. The World Bank. Search in Google Scholar

World Inequality Database. (2019). http://wid.world/ Search in Google Scholar

Zivot, E., Andrews, D.W.K., (1992), Further evidence on the great crash, the oil price shock and the unit root hypothesis. Journal of Business and Economic Statistics, 10, 251-270. https://doi.org/10.1198/073500102753410372 Search in Google Scholar

eISSN:
2303-5013
Lingua:
Inglese