abstract this study uses annual data over the period 2005-2014 and the panel vecm approach to examine financial inclusion and monetary policy effectiveness in africa. the study shows that financial inclusion and monetary policy effectiveness are linked by a set of long-run relationships. policy reaction to the positive financial inclusion shock is not significant. policy reaction to the positiv...

Financial inclusion is a tool for connecting every individual of the society to formal financial system. Many backward unprivileged individuals are out coverage services. an attempt help who have not access services participate in management and avail like banking ,insurance, overdraft etc,. process ensuring timely needed weaker sections. Government India has announced various schemes purpose p...

Despite existing evidence suggesting that financial inclusion enhances consumers' welfare, there has been no attempt to examine the link between and vulnerability, measured along multiple dimensions. We computed more comprehensive indices of vulnerability using polychoric principal component analysis based on a nationally representative survey in South Africa. Results from quantile regressions ...

Abstract This study uses annual data over the period 2005-2014 and the Panel VECM approach to examine financial inclusion and monetary policy effectiveness in Africa. The study shows that financial inclusion and monetary policy effectiveness are linked by a set of long-run relationships. Policy reaction to the positive financial inclusion shock is not significant. Policy reaction to the posit...