The heterogeneous effects of macroeconomic and financial factors on financial deepening in Africa: evidence from a method of moments quantile regression analysis

Sanga, Bahati; Aziakpono, Meshach J

Title: The heterogeneous effects of macroeconomic and financial factors on financial deepening in Africa: evidence from a method of moments quantile regression analysis
Creator: Sanga, Bahati
Creator: Aziakpono, Meshach J
Subject: To be catalogued
Date Issued: 2025
Date: 2025
Type: text
Type: article
Identifier: http://hdl.handle.net/10962/469930
Identifier: vital:77308
Identifier: https://www.emerald.com/insight/content/doi/10.1108/jfep-07-2023-0199/full/html
Description: This paper aims to investigate the heterogeneous effects of macroeconomic and financial factors across various distributions of financial deepening in 22 African countries over the past two decades (2000–2019). The paper uses a recent method of moments quantile regression, which accounts for the often overlooked heterogeneity effects. The analysis focuses on the banking sector, which is predominant in Africa, using a broad range of macroeconomic and financial indicators.
Format: 21 pages
Format: pdf
Language: English
Relation: Journal of Financial Economic Policy
Relation: Sanga, B. and Aziakpono, M., 2025. The heterogeneous effects of macroeconomic and financial factors on financial deepening in Africa: evidence from a method of moments quantile regression analysis. Journal of Financial Economic Policy, 17(1), pp.92-112
Relation: Journal of Financial Economic Policy volume 17 number 1 92 112 2025 1757-6385
Rights: Publisher
Rights: Use of this resource is governed by the terms and conditions of the Emerald Insight Copyright Statement (https://www.emeraldgrouppublishing.com/about/policies/copyright.htm)

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Aziakpono, Meshach Jesse (Prof)

SDG 08. Decent Work and Economic Growth

RU Department of Economics and Economic History

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