Financial Access and Household Welfare

This paper evaluates the impact of access to credit from banks and other financial institutions on household welfare in Mauritania. Micro-level data from a 2014 household survey are used to evaluate the relationship between credit access, a range of household characteristics, and welfare indicators. To address potential endogeneity issues, the household isolation level is used to instrument access to credit. The results show that households headed by older, more educated people are more likely to access financial services, as are households located in urban areas. In addition, greater financial access appears to be associated with a reduced dependence on household production and increased investment in human capital.

Bibliographic Details

Main Authors:	Amendola, Alessandra, Boccia, Marinella, Mele, Gianluca, Sensini, Luca
Format:	Working Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2016-01
Subjects:	EMPOWERMENT, CREDIT PROGRAM, DEPOSIT, FINANCIAL SERVICES, BORROWER, ECONOMIC GROWTH, DEPOSITS, PEOPLE, DEMAND FOR CREDIT, ADVANCED DEGREES, FINANCING, VILLAGE, INFORMATION TECHNOLOGY, BANKING INDUSTRY, INTEREST, LIQUIDITY RISKS, SAVINGS ACCOUNTS, BANKING SYSTEM, INSURANCE SERVICES, CULTURAL BARRIERS, BANKING SERVICES, EXCLUSION, WELFARE, LOAN, AGRICULTURAL ECONOMICS, BORROWERS, CREDIT CARD, RURAL FINANCIAL SERVICES, PAYMENTS, CULTURAL NORMS, CREDITORS, INTERNATIONAL BANK, MFIS, RURAL BANKS, FORMAL BANKING, MICROFINANCE INSTITUTIONS, PUBLIC CREDIT, ACCESS TO FINANCIAL SERVICES, SMALL BUSINESS, SAVINGS, FINANCIAL INSTITUTION, INFORMAL ECONOMY, EDUCATIONAL ATTAINMENT, ACCESS TO FORMAL CREDIT, CAPITAL FORMATION, INFORMAL FINANCE, VULNERABLE HOUSEHOLDS, CREDIT APPLICATIONS, INTEREST RATES, ECONOMIC EMPOWERMENT, PAYMENT, FINANCIAL INSTITUTIONS, TRANSPORTATION SERVICE, HOUSEHOLD INCOME, FINANCIAL PRODUCTS, LENDERS, LAND OWNERSHIP, LOANS, ENTERPRISES, VILLAGE FUND, BANK CREDIT, FINANCIAL SYSTEM, FINANCE, EDUCATION SPENDING, BANKS, INFORMATION ASYMMETRY, INVESTMENT DECISIONS, EXPENDITURE, EQUITY, FORMAL FINANCIAL INSTITUTION, INDICATORS OF ACCESS, HUMAN CAPITAL, CAPITAL, FINANCE ACCESS, CREDIT PROVIDERS, STUDENT, FAMILY, ACCESS TO FINANCE, CREDIT ACCESS, GENDER, BANK, CREDIT, URBAN AREAS, HOUSEHOLD, AGRICULTURAL SECTOR, URBAN AREA, EDUCATION LEVEL, EXPENDITURES, CREDIT INFORMATION, SOURCE OF INFORMATION, MISREPORTING, FINANCIAL ACCESS, DIVERSIFICATION, SOLVENCY, MICROCREDIT, FINANCIAL INFRASTRUCTURE, PROFITABILITY, ACCESS TO CREDIT, MICROFINANCE, ECONOMIC DEVELOPMENT, FINANCIAL SECTOR ASSESSMENT, SOCIAL BANKING, SECURITY, FINANCIAL DEVELOPMENT, INVESTMENT, FINANCIAL INTERMEDIATION, COMMERCIAL BANKS, HOUSEHOLDS, ELECTRONIC PAYMENT, ACCESS TO SERVICES, EMPLOYEE, HEAD OF HOUSEHOLD, REVENUE, BORROWING, HOUSEHOLD WELFARE, LACK OF INFORMATION, WOMEN, BANK BRANCHES, INFORMAL FINANCING, CREDIT HISTORY, FORMAL CREDIT, TRANSPORTATION SERVICES, MONEY TRANSFERS, SMALL BUSINESSES, CREDIT APPLICATION, CREDIT MARKET, INEQUALITY, MFI, EMPLOYEES,
Online Access:	http://documents.worldbank.org/curated/en/2016/01/25763476/financial-access-household-welfare-evidence-mauritania https://hdl.handle.net/10986/23633
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