Household welfare in the digital age: Assessing the effect of mobile money on household consumption volatility in developing countries

Ablam Estel Apeti ()
Additional contact information
Ablam Estel Apeti: CERDI - Centre d'Études et de Recherches sur le Développement International - IRD - Institut de Recherche pour le Développement - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne

Post-Print from HAL

Abstract: Based on a sample of 76 developing countries over 1990-2019, we assess the effect of adopting mobile money on consumption volatility using entropy balancing. We reveal that countries with mobile money exhibit lower consumption volatility. After checking the robustness of this result, we show that the key drivers of mobile money's stabilizing effect are financial inclusion and migrant remittances. Heterogeneity tests conducted indicate the sensitivity of the result to time and type of mobile money and to some structural factors, including trade openness, inflation, rural population, the rule of law, and level of development.

Keywords: Mobile money; entropy balancing; consumption volatility; developing countries (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-fdg, nep-fle, nep-mfd, nep-mon and nep-pay
Note: View the original document on HAL open archive server: https://hal.science/hal-03819779v1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in World Development, 2022, 161, pp.106110. ⟨10.1016/j.worlddev.2022.106110⟩

Downloads: (external link)
https://hal.science/hal-03819779v1/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03819779

DOI: 10.1016/j.worlddev.2022.106110

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().