Inequality in Financial Inclusion and Income Inequality

We investigate the link between gender inequality in financial inclusion and income inequality, with three contributions to the recent literature. First, using a micro-dataset covering 146,000 individuals in over 140 countries, we construct novel, synthetic indices of the intensity of financial incl...

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Bibliographic Details
Main Author: Aslan, Goksu
Other Authors: Delechat, Corinne, Newiak, Monique, Yang, Fan
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Inequality in Financial Inclusion and Income Inequality  |c Goksu Aslan, Corinne Delechat, Monique Newiak, Fan Yang 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2017 
300 |a 32 pages 
651 4 |a Thailand 
653 |a Social discrimination & equal treatment 
653 |a Finance 
653 |a Gender inequality 
653 |a Income distribution 
653 |a Economics of Gender 
653 |a Non-labor Discrimination 
653 |a Aggregate Factor Income Distribution 
653 |a Financial inclusion 
653 |a National accounts 
653 |a Sex discrimination 
653 |a Financial markets 
653 |a Macroeconomic Analyses of Economic Development 
653 |a Gender Studies 
653 |a Financial Markets and the Macroeconomy 
653 |a Financial services industry 
653 |a Macroeconomics 
653 |a General Financial Markets: Other 
653 |a Financial sector development 
653 |a Income inequality 
653 |a Finance: General 
653 |a Gender 
700 1 |a Delechat, Corinne 
700 1 |a Newiak, Monique 
700 1 |a Yang, Fan 
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520 |a We investigate the link between gender inequality in financial inclusion and income inequality, with three contributions to the recent literature. First, using a micro-dataset covering 146,000 individuals in over 140 countries, we construct novel, synthetic indices of the intensity of financial inclusion at the individual and country level. Second, we derive the distribution of individual financial access “scores” across countries to document a “Kuznets”-curve in financial inclusion. Third, cross-country regressions confirm that our measure of inequality in financial access is significantly related to income inequality, above and beyond other factors previously highlighted in the literature