DOES MICROFINANCING, FINANCIAL INCLUSION, AND EDUCATIONAL LOANS ALLEVIATE POVERTY AND INEQUALITY: EVIDENCE FROM VIETNAM
研究利用1986-2020年越南数据，采用贝叶斯自回归分布滞后模型，发现小额信贷、金融包容性和教育贷款能减少贫困和收入不平等，对政策制定者有参考价值。
Poverty reduction is considered as the top priority of governments and international institutions. At the same time income inequality is a far-reaching concern especially in emerging nations. US former president even labelled income inequality and poverty are the challenges of our times. Theoretically there are different views on the impact of microfinancing and financial inclusion on income inequality and poverty, hence, it is interesting to evaluate these estimations in Vietnamese context from 1986 to 2020. The researchers have applied the Bayesian Auto-regressive Distributed Lags (BARDL) model and exposed that microfinancing, financial inclusion, educational loans increase income equality and reduces poverty. Based on the evidences, the paper implies that government institutions must focus on microfinancing and financial inclusion aspects to facilitate poor and boost prosperity which ultimately brings income equality.