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This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the … period 2004-2015, using cross-country as well as dynamic panel GMM regressions. At low levels of remittances-to-GDP, these … inclusion. This 'U shaped' relationship highlights the role of remittance flows in financing household consumption at low levels …
Persistent link: https://www.econbiz.de/10012251374
This paper analyzes the potential for fintech to facilitate cheaper and more efficient remittances, and to enhance … financial inclusion in Central America. Digital remittances remain nascent in the region, primarily reflecting behavioral … alliances between traditional and fintech operators, digital remittances can further reduce transaction costs and reach those …
Persistent link: https://www.econbiz.de/10012610695
Digital financial services have been a key driver of financial inclusion in recent years. While there is evidence that financial inclusion through traditional services has a positive impact on economic growth, do the same results carry over for digital financial inclusion? What drives digital...
Persistent link: https://www.econbiz.de/10012612325
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
Persistent link: https://www.econbiz.de/10012300650
individuals already at commercial banks and only initially receive smaller loans. Our results suggest that the microfinance sector …
Persistent link: https://www.econbiz.de/10011932264
Despite significant strides in financial development over the past decades, financial dollarization, as reflected in elevated shares of foreign currency deposits and credit in the banking system, remains common in developing economies. We study the impact of financial dollarization,...
Persistent link: https://www.econbiz.de/10011932543
This paper uses the Growth-at-Risk (GaR) methodology to examine how macrofinancial conditions affect the growth outlook and its probability distribution. Using this approach, we evaluate risks to GDP growth in the Dominican Republic using quarterly data for 1996-2018. We group macrofinancial...
Persistent link: https://www.econbiz.de/10012154738
clear. This paper examines the impact of remittances on inequality in Mexico using household-level information on the …The poverty-reducing effects of remittances have been well-documented, however, their effects on inequality are less … receiving side. It hopes to speak to their insurance role by examining how remittances are affected by domestic and external …
Persistent link: https://www.econbiz.de/10011866480
Can fintech credit fill the credit gap in the consumer and business segments? There are few cross-country studies that explore this question. Focusing on marketplace lending, an important part of fintech credit, we use data for 109 countries from 2015 to 2017 to study the relationship between...
Persistent link: https://www.econbiz.de/10012300655
There has been little systematic empirical study on the relationship between remittances and growth. This paper … attempts to examine this relationship. Using a newly constructed crosscountry of data series for remittances covering a large … sample of developing countries, we relate the interaction between remittances and financial development and its impact on …
Persistent link: https://www.econbiz.de/10014401504