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Sponsored Artificial Intelligence: A Modern Approach, Global Edition Artificial Intelligence: A Modern Approach, Global Edition

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Muskan Chauhan

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Open access Aug 2026

Financial Inclusion or Financial Structure? Within- and Between-Country Evidence on Banking Stability in the QUAD Economies

Cross-country studies of financial inclusion and banking stability typically report a single coefficient estimated from panels that pool bank-based and market-based financial systems. This study asks what such a coefficient identifies when the inclusion index varies far more across countries than within them. An annual...

Vishal Kaushal, Muskan Chauhan · 0 citations

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