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The paper analyzes the relationship between remittances and financial development using the autoregressive distributed lag (ARDL) method based on Kenyan quarterly data from 2006 to 2016. Five different indicators of financial development are used in the study. The study used credit to the...
Persistent link: https://www.econbiz.de/10012801663
The paper analyzes the relationship between remittances and financial development using Kenyan quarterly data from 2006 to 2016. Five different indicators of financial development are used: credit to the private sector as a share of GDP, the number of mobile transactions, the value of these...
Persistent link: https://www.econbiz.de/10012267024
This paper investigates the nexus between bank-based financial inclusion and asset quality of 43 Banks in Kenya using data from 2001 and 2015. Based on a Dynamic Panel (System) GMM employed to investigate the empirical interactions between growth in outstanding bank credit, deposit growth and...
Persistent link: https://www.econbiz.de/10012801664
Financial inclusion, defined as the adequate access and usage of formal financial services to improve people’s lives, is a crucial area for the economic development of a country through its various angles. This paper analyzes the impact of selected FinTech companies on financial inclusion in...
Persistent link: https://www.econbiz.de/10012821027
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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 inertia, small cost advantages of digital over traditional...
Persistent link: https://www.econbiz.de/10012610695
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This paper first explores the role of digital financial services, e.g. mobile money systems and cryptocurrency-based systems, and their impact on the choice of migrants to send remittances. Secondly we discuss whether alternative remittances sending channels increase access to financial services...
Persistent link: https://www.econbiz.de/10012174434
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