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Poverty traps and resource degradation in the rural tropics appear to have multiple and complex, but similar, causes … empirically remains a challenge, however, but one essential to the design of appropriate interventions for reducing poverty and …
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Mobile payments (m-payments) increase the accessibility of large segments of society to financial services while before the traditional banking system excluded these for lack of proof of identity and because of unsafe environments. This constitutes a key driver of new growth strategies of the...
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We propose a monetary model with endogenous credit market participation to study the impact of financial inclusion on inequality and welfare. We find that consumption inequality results from differences in agents' decision to access financial services. This heterogeneity generates a pecuniary...
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