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Impact of fiscal spending, financial inclusion on financial stability


Citation

Duan, Chengyonghui and Soh, Wei Ni (2024) Impact of fiscal spending, financial inclusion on financial stability. Finance Research Letters, 69. art. no. 106238. pp. 1-7. ISSN 1544-6123

Abstract

The existing literature requires further comprehensive study on the relationship among fiscal expenditure, financial inclusion, and financial stability. This empirical study analyzes the impact of fiscal expenditure and financial inclusion on financial stability using panel data from 31 Chinese provinces (autonomous regions and municipalities directly under the central government) from 2011 to 2022. The study findings suggest that fiscal expenditures, financial inclusion, and technological development all improve financial stability. This study serves as a reference for designing fiscal expenditure measures and improving financial stability in the region.


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Additional Metadata

Item Type: Article
Divisions: School of Business and Economics
DOI Number: https://doi.org/10.1016/j.frl.2024.106238
Publisher: Elsevier
Keywords: Financial inclusion; Financial stability; Fiscal spending
Depositing User: Scopus
Date Deposited: 27 Jan 2025 04:24
Last Modified: 27 Jan 2025 04:24
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1016/j.frl.2024.106238
URI: http://psasir.upm.edu.my/id/eprint/114629
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