1 option
Remittances and Banking Sector Breadth and Depth : Evidence From Mexico / Demirguc-Kunt, Asli
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Demirguc-Kunt, Asli
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to Finance.
- Bank branches.
- Banking services.
- Banks.
- Banks and Banking Reform.
- Commercial banks.
- Debt Markets.
- Demand for credit.
- Deposits.
- Development bank.
- Expenditures.
- Finance and Financial Sector Development.
- Financial development.
- Financial systems.
- Fixed costs.
- Health, Nutrition and Population.
- Households.
- Inequality.
- International bank.
- Labor force participation.
- Macroeconomics and Economic Growth.
- Outreach.
- Population Policies.
- Remittance.
- Remittances.
- Source of income.
- Wire transfers.
- Local Subjects:
- Access to Finance.
- Bank branches.
- Banking services.
- Banks.
- Banks and Banking Reform.
- Commercial banks.
- Debt Markets.
- Demand for credit.
- Deposits.
- Development bank.
- Expenditures.
- Finance and Financial Sector Development.
- Financial development.
- Financial systems.
- Fixed costs.
- Health, Nutrition and Population.
- Households.
- Inequality.
- International bank.
- Labor force participation.
- Macroeconomics and Economic Growth.
- Outreach.
- Population Policies.
- Remittance.
- Remittances.
- Source of income.
- Wire transfers.
- Physical Description:
- 1 online resource (34 pages)
- Place of Publication:
- Washington, D.C., The World Bank, 2009
- System Details:
- data file
- Summary:
- Despite the rising volume of remittances flowing to developing countries, their impact on banking sector breadth and depth in recipient countries has been largely unexplored. The authors examine this topic using municipio-level data on the fraction of households that receive remittances and on measures of banking breadth and depth for Mexico. They find that remittances are strongly associated with greater banking breadth and depth, increasing the number of branches and accounts per capita and the ratio of deposits to gross domestic product. These effects are significant both statistically and economically, even after conducting robustness tests and addressing the potential endogeneity of remittances.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.