The DOI matches its Crossref record; 156 of the 156 references it cites were found in a registry or an index.
Is financial inclusion good for bank stability? International evidence
Open accessAbstract
Abstract Financial inclusion has become an important public policy priority following the recent global financial crisis. Yet, we know very little of how it impacts soundness of the providers of financial services. Using an international sample of 2635 banks in 86 countries over the period 2004–12, we find that higher level of financial inclusion contributes to greater bank stability. The positive association is particularly pronounced with those banks that have higher customer deposit funding share and lower marginal costs of providing banking services; and also with those that operate in countries with stronger institutional quality. The results are robust to instrumental variables analysis, controlling for bank fixed effects, alternative measures of financial inclusion, among several other robustness tests. Our results highlight that the importance of ensuring inclusive financial system is not only a development goal but also an issue that should be prioritised by banks, as such a policy drive is good for their stability.
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“This report defines financial inclusion as the sustainable delivery of affordable and valuable financial services, particularly for low-income individuals, a definition widely adopted in subsequent studies (Muzigiti and Schmidt 2013; Ahamed and Mallick 2019).”
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Metadata
- Authors
- Ahamed, M. M., & Mallick, S. K.
- Venue
- Journal of Economic Behavior & Organization
- Publisher
- Elsevier BV
- Published
- 2019-01
- Volume
- 157
- Pages
- 403-427
- ISSN
- 0167-2681 (ISSN-L)
- OpenAlex
- W2562301718
- Cited by
- 577
- References
- 156
- FWCI
- 23.11
- Type
- journal article
- Language
- en
- Open access
- green
- Licence
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
- www.elsevier.com/legal/tdmrep-license (tdm)
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
