International Remittances and Financial Inclusion in Sub-Saharan Africa

• Tác giả: Gemechu Ayana Aga
• Ngôn ngữ: eng
• Ký hiệu phân loại: 581.96 Specific topics in natural history of plants
• Thông tin xuất bản: World Bank Group, Washington, DC, 2014
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 315062
• Chủ đề: 1. ACCESS TO CREDIT; 2. ACCESS TO FINANCE; 3. ACCESS TO FINANCIAL SERVICES; 4. ACCESS TO SAVINGS; 5. AMOUNT OF REMITTANCES

Tóm tắt

This paper uses World Bank survey data, including about 10,000 households in five countries -- Burkina Faso, Kenya, Nigeria, Senegal, and Uganda -- to investigate the link between international remittances and households' financial inclusion in Sub-Saharan Africa. The paper finds that receiving international remittances increases the probability that the household opens a bank account in all the five countries. This result is robust to controlling for the potential endogeneity of remittances, using as instruments indicators of the migrants' economic conditions in the destination countries.