Banking System and Financial Exclusion: Towards a More Comprehensive Approach

Marta Cuesta González, Cristina Ruzay Paz-Curbera and Beatriz Fernández Olit
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Marta Cuesta González: National University of Distance Education (UNED)
Cristina Ruzay Paz-Curbera: National University of Distance Education (UNED)
Beatriz Fernández Olit: National University of Distance Education (UNED)

Chapter 6 in Liquidity Risk, Efficiency and New Bank Business Models, 2016, pp 127-161 from Palgrave Macmillan

Abstract: Abstract The aim of this chapter is to analyse financial exclusion far beyond the classical approach of branch disappearance by including a new dimension: use difficulties. Our main hypothesis states that branch closures have been inconsistent and depended on the vulnerability of particular communities. We empirically analyse the main drivers of branch abandonment (physical access) and branch saturation (difficulties of use) in the city of Madrid and the surrounding municipalities and we find that the main socio-economic determinants of an area’s vulnerability appear statistically significant. We apply quantile regressions to better capture the more extreme cases of financial exclusion and we test our hypothesis at municipality and district levels which adds new evidence to previous studies. We conclude by discussing the main challenges of financial exclusion.

Keywords: Financial Service; Social Exclusion; Quantile Regression; Credit Union; Saving Bank (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-319-30819-7_6

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DOI: 10.1007/978-3-319-30819-7_6

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