Household Financial Assets in the Process of Development
Patrick Honohan
No RP2006-91, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
Systematic information on household financial asset holdings in developing countries is very sparse; we review some available data and current policy debates. Although financial asset holdings by households are highly concentrated, deeper financial systems are correlated with improved income distribution. For low-income countries, the relevant question for poor households is not how much financial assets they have, but whether they have any access to financial products at all.
Keywords: Credit; Economic development; Households; Income distribution; Poverty (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (23)
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Working Paper: Household financial assets in the process of development (2006) 
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2006-91
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