Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/2636
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dc.contributor.authorAluko, O. A.-
dc.contributor.authorIbrahim, M.-
dc.date.accessioned2020-06-03T14:35:17Z-
dc.date.available2020-06-03T14:35:17Z-
dc.date.issued2019-
dc.identifier.issn1863-4613-
dc.identifier.urihttp://hdl.handle.net/123456789/2636-
dc.description.abstractThis study investigates the macroeconomic determinants of financial institutions development in a panel of 32 countries in sub-Saharan Africa from 1985 to 2015. Using the two-step system generalized method of moments dynamic panel model estimation approach, the results reveal that trade openness, income, and government expenditure are positive determinants of financial institutions development while higher inflation inhibits improvement in financial institutions. The results suggest that financial institutions are better developed in countries with higher trade openness, income, and government expenditure and are less developed in high-inflation countries. The results are not robust to the dimensions of financial institutions development considered in this study. Policy implications are documented.en_US
dc.language.isoenen_US
dc.publisherSpringer-Verlag GmbH Germany, part of Springer Natureen_US
dc.relation.ispartofseriesVol. 67;Issue 1-
dc.subjectFinancial institutions developmenten_US
dc.subjectFinancial institutions depthen_US
dc.subjectFinancial institutions efficiencyen_US
dc.subjectFinancial institutions accessen_US
dc.titleON THE MACROECONOMIC DETERMINANTS OF FINANCIAL INSTITUTIONS DEVELOPMENT IN SUB‑SAHARAN AFRICAen_US
dc.typeArticleen_US
Appears in Collections:School of Business and Law

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