Vanessa S. Tchamyou|Guido Erreygers|Danny Cassimon
Inequality, ICT and financial access in Africa
University of Antwerp|University of Melbourne|University of Antwerp|University of Antwerp
study investigates role information communication technology ict income inequality financial development dynamics depth money supply liquid liabilities efficiency banking financial system levels activity banking financial system perspectives size 48 african countries period 1996 2014 empirical evidence based generalised method moments financial depth size established reduce inequality contingent ict effect financial depth reducing inequality robust inclusion time invariant variables set strictly exogenous variables extend analysis decomposing financial depth components namely formal informal semiformal nonformal financial sectors findings based extension show ict reduces income inequality formal financial sector development financial sector formalization opposed informal financial sector development financial sector informalization study contributes time macroeconomic literature measuring financial development responds growing field addressing post2015 sustainable development goals sdgs inequality challenges means ict financial access