Does Financial Literacy Improve Financial Inclusion? Cross Country Evidence
Research, Conference object
- Publisher: München, Berlin: Ludwig-Maximilians-Universität München und Humboldt-Universität zu Berlin, Collaborative Research Center Transregio 190 - Rationality and Competition
financial institutions | Collaborative Research Center Transregio "Rationality and Competition" | O1 | E44 | D14 | G21 | G02 | financial inclusion | G2 | financial literacy | O01 | financial development
While financial inclusion is typically addressed by improving the financial infrastructure we show that financial literacy, representing the demand-side of financial markets, also has a beneficial effect. We study this effect at the cross-country level, which allows to ...