This paper reviews the literature on financial stability and financial inclusion—two broad objectives of financial policy that may be mutually dependent. The review suggests the possible co-dependence of stability and inclusion. We build on this theoretical motivation by exploring stylized facts (correlations) obtained from data sets that have been widely used in the literature on financial inclusion and stability. The empirical correlations suggest...
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DETAILS
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2020/12/02
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Journal Article
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184858
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1
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2023/09/12
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Disclosed
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Financial Inclusion and Stability : Review of Theoretical and Empirical Links
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Citation
Cihák, Martin; Mare,Davide Salvatore; Melecky,Martin.
Financial Inclusion and Stability : Review of Theoretical and Empirical Links (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099047109122390725