Information asymmetry, financialization, and financial access

Simplice Asongu and Nicholas Odhiambo

International Finance, 2018, vol. 21, issue 3, 297-315

Abstract: This study investigates whether information sharing channels that are meant to reduce information asymmetry have led to an increase in financial access. The study employs a Generalized Method of Moments technique using data from 53 African countries during the period from 2004 to 2011 to examine this linkage. Information sharing channels are theoretically designed to promote the formal financial sector and discourage the informal financial sector. The study uses two information sharing channels: private credit bureaus and public credit registries. The study found that both information sharing channels have a positive and significant impact on financial access. The study also found that public credit registries complement the formal financial sector to promote financial access. Policy implications are discussed.

Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (46)

Downloads: (external link)
https://doi.org/10.1111/infi.12136

Related works:
Working Paper: Information Asymmetry, Financialisation and Financial Access (2018)
Working Paper: Information Asymmetry, Financialisation and Financial Access (2018)
Working Paper: Information Asymmetry, Financialisation and Financial Access (2018)
Working Paper: INFORMATION ASYMMETRY, FINANCIALISATION AND FINANCIAL ACCESS (2018)
Working Paper: Information Asymmetry, Financialisation and Financial Access (2018)
Working Paper: Information asymmetry, financialisation and financial access (2018)
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:bla:intfin:v:21:y:2018:i:3:p:297-315

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1367-0271

Access Statistics for this article

International Finance is currently edited by Benn Steil

More articles in International Finance from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().