Institutional quality and the financial inclusion-poverty alleviation link: Empirical evidence across countries

Acemoglu, 2001, The colonial origins of comparative development: An empirical investigation, American Economic Review, 91, 1369, 10.1257/aer.91.5.1369 Acemoglu, 2002 Acemoglu, 2005, Institutions as a fundamental cause of long-run growth, Vol. 1, 385 Acemoglu, 2012 Aghion, 2005, The effect of financial development on convergence: Theory and evidence, Quarterly Journal of Economics, 120, 173 Ahlin, 2008, Are financial development and corruption control substitutes in promoting growth?, Journal of Development Economics, 86, 414, 10.1016/j.jdeveco.2007.07.002 Allen, 2012 Altunbaş, 2019, Finance and income inequality revisited, Finance Research Letters, 37, 101355, 10.1016/j.frl.2019.101355 Arora, 2012, Financial inclusion and human capital in developing Asia: The Australian connection, Third World Quarterly, 33, 177, 10.1080/01436597.2012.627256 Asadullah, 2018, Poverty reduction during 1990–2013: Did Millennium Development Goals adoption and state capacity matter?, World Development, 105, 70, 10.1016/j.worlddev.2017.12.010 Bastiaensen, 2005, Poverty reduction as a local institutional process, World Development, 33, 979, 10.1016/j.worlddev.2004.09.019 Beck, 2007, Finance, inequality and the poor, Journal of Economic Growth, 12, 27, 10.1007/s10887-007-9010-6 Beck, 2007, The basic analytics of access to financial services, Financial Markets, Institutions & Instruments, 16, 79, 10.1111/j.1468-0416.2007.00120.x Blau, 2018, Income inequality, poverty, and the liquidity of stock markets, Journal of Development Economics, 130, 113, 10.1016/j.jdeveco.2017.10.006 Buckley, 2017, Towards a renaissance in international business research? Big questions, grand challenges, and the future of IB scholarship, Journal of International Business Studies, 48, 1045, 10.1057/s41267-017-0102-z Burgess, 2005, Do rural banks matter? Evidence from the Indian social banking experiment, The American Economic Review, 95, 780, 10.1257/0002828054201242 Carr, 2001 Cartaya, 1994, Informality and poverty: Causal relationship or coincidence?, 223 Casson, 2010, Formal and informal institutions and development, World Development, 38, 137, 10.1016/j.worlddev.2009.10.008 Chong, 2000, Causality and feedback between institutional measures and economic growth, Economics & Politics, 12, 69, 10.1111/1468-0343.00069 Collier, 2002, Explaining corruption: An institutional choice approach, Crime, Law and Social Change, 38, 1, 10.1023/A:1019802614530 Demirgüç-Kunt, 2018 Demirgüç-Kunt, 2015 Demirgüç-Kunt, 2009, Finance and inequality: Theory and evidence, Annual Review of Financial Economics, 1, 287, 10.1146/annurev.financial.050808.114334 Demirgüç-Kunt, 2008 Docquier, 2014, Identifying the effect of institutions on economic growth, 25 Dollar, 2002, Growth is good for the poor, Journal of Economic Growth, 7, 195, 10.1023/A:1020139631000 Dunning, 2006, Towards a new paradigm of development: Implications for the determinants of international business, Transnational Corporations, 15, 173 Dutta, 2011, Foreign direct investment, financial development and political risks, Journal of Developing Areas, 44, 303, 10.1353/jda.0.0106 Easterly, 2003, Tropics, germs, and crops: How endowments influence economic development, Journal of Monetary Economics, 50, 3, 10.1016/S0304-3932(02)00200-3 Edward, 2006, The ethical poverty line: A moral quantification of absolute poverty, Third World Quarterly, 27, 377, 10.1080/01436590500432739 Enders, 2003, The effect of robust growth on poverty: A nonlinear analysis, Applied Economics, 35, 1063, 10.1080/0003684032000080871 Fadum, 2013, Corporate governance and insurance company growth: Challenges and opportunities, Rational Journal of Academic Research in Economics and Management Sciences, 2, 286 Gasparini, 2007 Grindle, 2004, Good enough governance: Poverty reduction and reform in developing countries, Governance, 17, 525, 10.1111/j.0952-1895.2004.00256.x Gupta, 2002, Does corruption affect income inequality and poverty?, Economics of Governance, 3, 23, 10.1007/s101010100039 Hall, 2001 Hasan, 2006, Institutions and policies for growth and poverty reduction: The role of private sector development, Asian Development Bank, ERD Working Paper Series, 82 Helmke, 2004, Informal institutions and comparative politics: A research agenda, Perspectives on Politics, 2, 725, 10.1017/S1537592704040472 Hickey, 2013, Adverse incorporation, social exclusion, and chronic poverty, 134 Holden, 2001, Financial development and poverty alleviation: Issues and policy implications for developing and transition countries Honohan, 2004 Honohan, 2012, Cause and effect of financial access: Cross-country evidence from the finscope surveys, 45 Jeanneney, 2011, Financial development and poverty reduction: Can there be a benefit without a cost?, Journal of Development Studies, 47, 143, 10.1080/00220388.2010.506918 Jetter, 2018, Sorting through global corruption determinants: Institutions and education matter -Not culture, World Development, 109, 279, 10.1016/j.worlddev.2018.05.013 Johnson, 2002, Property rights and finance, The American Economic Review, 92, 1335, 10.1257/000282802762024539 Jones, 2016, Does foreign aid harm political institutions?, Journal of Development Economics, 118, 266, 10.1016/j.jdeveco.2015.09.004 Kaufmann, 2010, Response to “What do the worldwide governance indicators measure?, European Journal of Development Research, 22, 55, 10.1057/ejdr.2009.49 Keenaghan, 2017, Mediating representations of poverty and development: a help or a hindrance?, Third World Quarterly, 38, 1272, 10.1080/01436597.2017.1282817 Jalilian, 2002, Financial development and poverty reduction in developing countries, International Journal of Finance & Economics, 72, 97, 10.1002/ijfe.179 Klasen, 2008, Economic growth and poverty reduction: Measurement issues using income and non-income indicators, World Development, 36, 420, 10.1016/j.worlddev.2007.03.008 Knack, 1995, Institutions and economic performance: Cross-country tests using alternative institutional measures, Economics & Politics, 7, 207, 10.1111/j.1468-0343.1995.tb00111.x Koenker, 1978, Regression quantiles, Econometrica: Journal of the Econometric Society, 46, 33, 10.2307/1913643 La Porta, 1997, Legal determinants of external finance, The Journal of Finance, 52, 1131, 10.1111/j.1540-6261.1997.tb02727.x Law, 2013, Institutional quality thresholds and the finance–growth nexus, Journal of Banking & Finance, 37, 5373, 10.1016/j.jbankfin.2013.03.011 Mader, 2018, Contesting financial inclusion, Development and Change, 49, 461, 10.1111/dech.12368 Madestam, 2014, Informal finance: A theory of moneylenders, Journal of Development Economics, 107, 157, 10.1016/j.jdeveco.2013.11.001 Malbon, 2005, Predatory lending, Australian Business Law Review, 33, 224 Markowitz, 2000 Mauro, 1995, Corruption and growth, Quarterly Journal of Economics, 110, 681, 10.2307/2946696 McKinnon, 1973 McMillan, 2002, The central role of entrepreneurs in transition economies, The Journal of Economic Perspectives, 16, 153, 10.1257/089533002760278767 Ndikumana, 2006, Corruption and pro-poor growth outcomes: Evidence and lessons for African countries, University of Massachusetts Amherst, PERI Working Papers, 120 Nelson, 2001, Making sense of institutions as a factor shaping economic performance, Revista de Economía Institucional, 3, 17 North, 1990 Nwabuzor, 2005, Corruption and development: New initiatives in economic openness and strengthened rule of law, Journal of Business Ethics, 59, 121, 10.1007/s10551-005-3402-3 Ozili, 2018, Impact of digital finance on financial inclusion and stability, Borsa Istanbul Review, 18, 329, 10.1016/j.bir.2017.12.003 Pande, 2005 Park, 2015, Financial inclusion, poverty, and income inequality in developing Asia, Asian Development Bank Economics Working Ravallion, 2003, Measuring pro-poor growth, Economics Letters, 78, 93, 10.1016/S0165-1765(02)00205-7 Rodrik, 2000, Institutions for high-quality growth: What they are and how to acquire them, Studies in Comparative International Development, 35, 10.1007/BF02699764 Rodrik, 2004, Institutions rule: The primacy of institutions over geography and integration in economic development, Journal of Economic Growth, 9, 131, 10.1023/B:JOEG.0000031425.72248.85 Roe, 2011, Political instability: Effects on financial development, roots in the severity of economic inequality, Journal of Comparative Economics, 39, 279, 10.1016/j.jce.2011.02.001 Rostow, 1959, The stages of economic growth, The Economic History Review, 12, 1, 10.1111/j.1468-0289.1959.tb01829.x Shleifer, 1999 Straub, 2005, Informal sector: The credit market channel, Journal of Development Economics, 78, 299, 10.1016/j.jdeveco.2004.09.005 Tebaldi, 2010, Institutions and poverty, Journal of Development Studies, 46, 1047, 10.1080/00220380903012730 Teffo, 2008, Education for poverty alleviation: Myth or reality?, 68 Yorulmaz, 2018, An analysis of constructing global financial inclusion indices, Borsa Istanbul Review, 18, 248, 10.1016/j.bir.2018.05.001