Imperial College London
Alternate

Professor Franklin Allen

Business School

Interim Dean of Imperial College Business School (ICBS)
 
 
 
//

Contact

 

+44 (0)20 7594 9195f.allen Website CV

 
 
//

Location

 

2.05B52-53 Prince's GateSouth Kensington Campus

//

Summary

 

Publications

Citation

BibTex format

@article{Allen:2016:10.1016/j.jfi.2015.12.003,
author = {Allen, F and Demirguc-Kunt, A and Klapper, L and Martinez, Peria MS},
doi = {10.1016/j.jfi.2015.12.003},
journal = {Journal of Financial Intermediation},
pages = {1--30},
title = {The foundations of financial inclusion: understanding ownership and use of formal accounts},
url = {http://dx.doi.org/10.1016/j.jfi.2015.12.003},
volume = {27},
year = {2016}
}
Download

RIS format (EndNote, RefMan)

TY  - JOUR
AB  - Financial inclusion—defined as the use of formal accounts—can bring many benefits to individuals. Yet, we know very little about the factors underpinning it. This paper explores the individual and country characteristics associated with financial inclusion and the policies that are effective among those most likely to be excluded: poor, rural, female or young individuals. Overall, we find that greater financial inclusion is associated with lower account costs, greater proximity to financial intermediaries, stronger legal rights, and more politically stable environments. However, the effectiveness of policies to promote inclusion varies depending on the characteristics of the individuals considered.
AU  - Allen,F
AU  - Demirguc-Kunt,A
AU  - Klapper,L
AU  - Martinez,Peria MS
DO  - 10.1016/j.jfi.2015.12.003
EP  - 30
PY  - 2016///
SN  - 1042-9573
SP  - 1
TI  - The foundations of financial inclusion: understanding ownership and use of formal accounts
T2  - Journal of Financial Intermediation
UR  - http://dx.doi.org/10.1016/j.jfi.2015.12.003
UR  - http://hdl.handle.net/10044/1/39804
VL  - 27
ER  -
Download