Access to Formal Financial Services: A Cross Country Study

Rigzin Yangdol ()
Additional contact information
Rigzin Yangdol: Jawaharlal Nehru University

Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi Discussion Papers from Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi, India

Abstract: The importance of an inclusive financial system in the overall growth and development of an economy is well recognised. This paper empirically analyses the factors affecting access to finance at an individual level making extensive use of latest Global Findex database of World Bank. The paper uses three indicators of financial inclusion and several explanatory variables that include country-specific factor (GDP per capita), individual characteristics and individual economic circumstances of adult individuals from different countries. We find that individual characteristics and economic circumstances like education level, income level, employment, government transfers and saving behaviour are more likely to positively impact financial inclusion indicators than gender, age, payment status and borrowing behaviour of individuals.Length: 20 pages

New Economics Papers: this item is included in nep-fle
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.jnu.ac.in/sites/default/files/DP02_2017.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

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:ind:citdwp:17-02

Access Statistics for this paper

More papers in Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi Discussion Papers from Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi, India Contact information at EDIRC.
Bibliographic data for series maintained by Shamprasad M. Pujar ().