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This study investigates the relationship between financial literacy and farmers' awareness of digital credit in rural Madagascar. We apply questions that demonstrate individuals' understanding of the four fundamental concepts for financial decision making: numeracy, interest compounding,...
Persistent link: https://www.econbiz.de/10014504362
Persistent link: https://www.econbiz.de/10012273522
Formal digital credit raises hopes to decrease the gender gap in financial inclusion. However, up until now, it remains unknown whether these hopes are justified. Using nationally representative household surveys from Kenya, the present study aims to fill this gap. We find strong indication that...
Persistent link: https://www.econbiz.de/10014503435
This study examines whether the decision of crop diversification for perennial crops is based on risk attitudes and time preferences. We conducted incentivised field experiments with farmers only cultivating rubber and those cultivating rubber and oil palm. We utilised Holt and Laury task and...
Persistent link: https://www.econbiz.de/10012428772