Despite extensive econometric evidence, the research literature has been unable to draw
firm conclusions regarding the effect of inflation on income inequality. In this paper, we apply …

Studies that explore the relationship between financial innovation and the stability of money
demand in Africa use the indirect measure of financial innovation. Previous studies on …

Purpose This paper aims to examine the effect of financial technology on cash holding in
Nigeria. Design/methodology/approach The authors use Pesaran et al.'s (2001) …

In recent months, the European Union has experienced inflation that has not been seen for
decades. Inflation and inflation expectations are crucial in economic and purchasing …

This paper examines the distributional implications of inflation on top income shares in 14
advanced economies using data over the period 1920–2016. We use local projections to …

Money was created as a way to make it easier for people to get the things they want. Over
time, the way money is used and made has changed. Money is one of the earliest and most …

We estimate vector autoregressive models to examine the effect of the 3 to 6 per cent
inflation target band in the inflation and income inequality nexus in South Africa. We use …

This study examined Nigerian inflationary trends and drivers from 1985 through 2021
(37years). The study explored how Money Supply (MS), Dollar Exchange Rate (DEXCHR) …

The development of human civilization encourages humans to need each other more and
be specialized so that in social life a medium of exchange is needed. Money is a medium of …

Ghana uses an inflation target of 8% as a monetary policy objective to control against
double-digit inflation. The main reason for controlling inflation is to reduce the cost of living …