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This is the supplemental material to the paper titled "Branch Expansion versus Digital Banking: The Dynamics of Growth and Inequality in a Spatial Equilibrium Model." It includes additional empirical, theoretical, and quantitative results. It also includes illustration for the numerical...
Persistent link: https://www.econbiz.de/10013238439
We develop a heterogeneous-agent model with local spatial markets to study the relationships among bank expansion … households across regions. We calibrate the model using a geographic information system to evaluate the rapid bank expansion in … Thailand between 1986-1996. The model quantifies the sources of growth and inequality over time and across space and the …
Persistent link: https://www.econbiz.de/10012496136
Purpose - Both branch and automated teller machine (ATM) are playing a crucial role in banking coverage expansion in India. People prefer to go to an ATM for withdrawal of money rather waiting in a queue for hours at a branch. Without the existence of a full-fledged brick-and-mortar branch, ATM...
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This paper examines the role of Fintech in financial inclusion. Using Global Findex data and emerging fintech indicators, we find that Fintech has a higher positive correlation with digital financial inclusion than traditional measures of financial inclusion. In the second stage of our empirical...
Persistent link: https://www.econbiz.de/10013406779
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control for banks' financial strength. Our results challenge the idea that bank credit fosters economic growth and that …
Persistent link: https://www.econbiz.de/10012956602
Joseph A. Schumpeter is one of the most famous economists of the 20th century and the ’patron saint’ of the finance and growth literature. We have discovered that the prevailing literature has, however, misinterpreted Schumpeter, which leads to puzzling empirical results and difficulties in...
Persistent link: https://www.econbiz.de/10013201693
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