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The study investigates the relationship between financial deepening and income inequality in Indonesia from 2005 to 2021, focusing on credit and bank ratios across 34 provinces. The findings indicate that financial deepening has not effectively reduced income inequality, with significant positive correlations observed between income inequality and both the number of banks and per capita income. The research highlights the need for improved financial services accessibility for lower-income groups to achieve

Author

nbilaalzrh27

Language

EN