Editor-in-chief

Prof. Paul Sudnik

Munich University of Applied Sciences, Germany

As the Editor-in-Chief of IJSSH, I invite you to contribute your scholarly work to our esteemed publication. The journal publishes papers which focus on the advanced researches in the field of all aspects of social science and humanity. I'll endeavour to make this journal grow better and hopefully it will become a recognized journal among researchers and scholars in related fields.

Home> Archive> 2023> Volume 13 Number 4 (Aug. 2023)
IJSSH 2023 Vol.13(4): 268-272
doi: 10.18178/ijssh.2023.V13.1157

The Impact of Digital Finance on Income Gap: An Empirical Investigation from the Perspective of Banking Digitalization

Yuxin Shen* and Zhiwei Wu

Abstract—This study investigates the heterogenous effect of digital finance on narrowing income gap. It is found that Internet digital finance and digital finance in banking both help narrow income gap and a U-shaped relation is found between digital finance development and income gap. Internet digital finance alleviates information constraints, while digital finance in banking alleviates credit constraints in narrowing income gap. The two forms of digital finance have stronger effects on the income gap in economically and digitally underdeveloped areas. This study provides suggestions for developing digital finance, breaking the dual urban-rural financial structure and promoting common prosperity.

Index Terms—Internet digital finance, digital finance in banking, income gap

The authors are with School of Finance, Nanjing Agricultural University, Jiangsu, China
*Correspondence: 2020118005@stu.njau.edu.cn (Y.X.S.)

[PDF]

Cite: Yuxin Shen and Zhiwei Wu, "The Impact of Digital Finance on Income Gap: An Empirical Investigation from the Perspective of Banking Digitalization," International Journal of Social Science and Humanity vol. 13, no. 4, pp. 268-272, 2023.

Copyright © 2023 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
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