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The gender-differential effect of financial inclusion on household financial resilience

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journal contribution
posted on 21.01.2022, 13:39 authored by Carlos Sakyi-Nyarko, Ahmad Hassan AhmadAhmad Hassan Ahmad, Christopher Green
This paper applies the kernel propensity score matching difference-in-differences method to examine gender-differential effects of financial inclusion on household financial resilience, using repeated cross-sectional data from two successive large-scale surveys of Ghanaian households. Applying standardised indices for financial inclusion and financial resilience, we find that financial inclusion significantly improves household financial resilience. Results from gender and locality disaggregated analyses suggest that the effect of financial inclusion on household resilience does not significantly vary by gender or locality. Results from different measures of financial inclusion show that savings and formal account ownership yield more pronounced resilience effect, with mobile money (m-money) exerting the least impact. Remittances via m-money – sending and receiving (a proxy for social capital) – provide significant financial resilience effects, with generally stronger effects in rural than in urban areas, especially for females.

Funding

Delivering Inclusive Financial Development and Growth

Economic and Social Research Council

Find out more...

Loughborough University Graduate School Studentships

Ghana Education Trust Fund

History

School

  • Business and Economics
  • Social Sciences and Humanities

Department

  • Economics
  • Geography and Environment

Published in

The Journal of Development Studies

Volume

58

Issue

4

Pages

692 - 712

Publisher

Taylor & Francis (Routledge)

Version

VoR (Version of Record)

Rights holder

© the Authors

Publisher statement

This is an Open Access Article. It is published by Taylor and Francis under the Creative Commons Attribution 4.0 International Licence (CC BY). Full details of this licence are available at: http://creativecommons.org/licenses/by/4.0/

Acceptance date

16/11/2021

Publication date

2022-01-10

Copyright date

2022

ISSN

0022-0388

eISSN

1743-9140

Language

en

Depositor

Dr Ahmad Hassan Ahmad. Deposit date: 22 November 2021