Effect of financial literacy on usage of unconventional banking and non-banking financial services across countries

Mahmood-ur-Rahman,

Economics Letters, 2022, vol. 217, issue C

Abstract: I examine the influence of financial literacy on unconventional banking and non-banking financial services across countries. The results demonstrate that financial literacy encourages electronic payment, mobile phone payment and remittance. Consideration of endogeneity also does not alter the findings.

Keywords: Financial inclusion; Financial literacy; Financial institutions; Financial development (search for similar items in EconPapers)
JEL-codes: G2 O1 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:217:y:2022:i:c:s0165176522002282

DOI: 10.1016/j.econlet.2022.110679

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