Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/149945
Authors: 
Asongu, Simplice
Nwachukwu, Jacinta C.
Year of Publication: 
2016
Series/Report no.: 
AGDI Working Paper WP/16/021
Abstract: 
The study assesses the role of mobile phones and mobile banking in decreasing inequality in 52 African countries. The empirical procedure involves first, examining the income-redistributive effect of mobile phone penetration and then investigating the contribution of mobile banking services in this relationship. The findings suggest an equalizing income-redistributive effect of ‘mobile phone penetration’ and ‘mobile banking’, with a higher income-equalizing effect from mobile banking compared to mobile phone penetration. Poverty alleviation channels explaining this difference in inequality mitigating propensity are discussed.
Subjects: 
Banking
Mobile Phones
Shadow Economy
Financial Development
Africa
JEL: 
E00
G20
L96
O17
O33
Document Type: 
Working Paper

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