 Violence against women, innate preferences and financial inclusionAbu Zafar M. Shahriar and Quamrul Alam Pacific-Basin Finance Journal, 2024, vol. 87, issue C Abstract: We examine the impact of intimate partner violence (IPV) on the decision of low-income women to enter formal financial markets by opening a bank account. Additionally, we investigate potential behavioral explanations for the connection between IPV and account-opening decisions. In laboratory experiments conducted in rural Bangladesh, we find that victims of IPV tend to be more risk tolerant and impatient compared to others. When given the option to open a bank account without fees, women who experienced IPV in the past 12 months are less likely to do so than those who did not experience such violence. A path analysis reveals that differences in risk tolerance and impatience mediate the relationship between IPV exposure and financial exclusion. Essentially, our findings indicate that exposure to IPV increases risk tolerance and impatience in women, which in turn discourages them from opening a savings account. Keywords: Intimate partner violence; Financial inclusion; Risk preference; Time preference (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:pacfin:v:87:y:2024:i:c:s0927538x24002348 DOI: 10.1016/j.pacfin.2024.102482 Access Statistics for this article Pacific-Basin Finance Journal is currently edited by K. Chan and S. Ghon Rhee More articles in Pacific-Basin Finance Journal from Elsevier |
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