Financial Inclusion, Productivity Shocks, and Consumption Volatility in Emerging Economies
How does access to finance impact consumption volatility? Theory and evidence from advanced economies suggests that greater household access to finance smooths consumption. Evidence from emerging markets, where consumption is usually more volatile...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/06/24582431/financial-inclusion-productivity-shocks-consumption-volatility-emerging-economies http://hdl.handle.net/10986/22161 |