Finance, inequality and the poor
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Each is checked against this paper’s own text: does it say what the citing paper says it does?
Private Credit boosts the income growth of the poorest quintile.
“Furthermore, they show that Private Credit boosts the income growth of the poorest quintile.”
From Finance, Growth, and Inequality (2021) · cites this paper as Beck, Demirguc-Kunt, and Levine (2007)
Financial development is associated with a reduction in the fraction of the population living in extreme poverty.
“Moreover, they find that financial development is associated with a reduction in the fraction of the population living in extreme poverty.”
From Finance, Growth, and Inequality (2021) · cites this paper as Beck, Demirguc-Kunt, and Levine (2007)
The results on financial development and inequality, poorest-quintile income, and poverty hold when controlling for many other country characteristics, including overall growth and level of economic development.
“These results hold when controlling for many other country characteristics, including the rate of overall growth and the level of economic development.”
From Finance, Growth, and Inequality (2021) · cites this paper as Beck, Demirguc-Kunt, and Levine (2007)
The Gini coefficient falls more rapidly in countries with higher levels of financial development.
“In particular, the Gini coefficient ©International Monetary Fund.Not for Redistribution falls more rapidly in countries with higher levels of financial development.”
From Finance, Growth, and Inequality (2021) · cites this paper as Beck, Demirguc-Kunt, and Levine (2007)
Financial development reduces income inequality.
“They discover that financial development reduces income inequality”
From Finance, Growth, and Inequality (2021) · cites this paper as Beck, Demirguc-Kunt, and Levine (2007)
Financial development reduces extreme poverty, measured as the proportion of people living on less than $2/day.
“and reduces extreme poverty, i.e., the proportion of people living on less than $2/day.”
From Finance, Growth, and Inequality (2021) · cites this paper as Beck, Demirguc-Kunt, and Levine (2007)
Financial development disproportionately boosts the incomes of those at the lower end of the income distribution.
“disproportionately boosts the incomes of those at the lower end of the income distribution”
From Finance, Growth, and Inequality (2021) · cites this paper as Beck, Demirguc-Kunt, and Levine (2007)
An inclusive financial system helps financial services reach the unbanked segments of society and promotes business expansion.
“An inclusive financial system helps financial services reach the unbanked segments of society and promotes business expansion (Beck et al. 2007; Mehrotra and Yetman 2015; Owen and Pereira 2018; Asante et al. 2023).”
From Financial Inclusion and Economic Growth in Sub-Saharan Africa—A Panel ARDL and Granger Non-Causality Approach (2023) · cites this paper as Beck et al. 2007
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Factors influencing Parish Revolving Fund lead time under Uganda's Parish Development Model
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- Authors
- Beck, T., Demirgüç-Kunt, A., & Levine, R.
- Affiliations
- World Bank (US)
- National Bureau of Economic Research (US)
- ORCID
- Levine, Ross
- Venue
- Journal of Economic Growth
- Published
- 2007-03-06
- Volume
- 12
- Issue
- 1
- Pages
- 27-49
- ISSN
- 1381-4338 (ISSN-L)
- 1573-7020
- OpenAlex
- W2118769226
- Cited by
- 2,377
- References
- 79
- Citations by year
- 2026: 263 · 2025: 267 · 2024: 201 · 2023: 193 · 2022: 170 · 2021: 191 · 2020: 182 · 2019: 130 · 2018: 136 · 2017: 108 · 2016: 89 · 2015: 96 · 2014: 71 · 2013: 78 · 2012: 64
- FWCI
- 106.85
- Type
- journal article
- Language
- en
- Open access
- closed
- Licence
- www.springer.com/tdm (tdm)
- Locations
- Journal of Economic Growth (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Sociology and Political Science › Income, Poverty, and Inequality
- Physical Sciences › Computer Science › Information Systems › Economic Growth and Development
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Keywords
- financial development, income inequality, poverty, income growth, aggregate economic growth, extreme poverty, financial system, long-run economic growth
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