IDEAS home Printed from https://ideas.repec.org/a/col/000443/020543.html

Instrumentos financieros claves para la inclusión financiera en América Latina

Author

Listed:
  • Lisana Belen Martinez
  • Mar�a Bel�n Guercio
  • Sof�a Orazi
  • Hern�n Vigier

Abstract

El objetivo del presente trabajo es analizar la inclusión financiera en siete países de América Latina. En específico, se pretende detectar los instrumentos financieros más utilizados y los principales determinantes que afectan su uso. Para ello, se examinan los microdatos de la base Global Findex del ano 2017 y se aplican modelos econométricos multivariantes. Los resultados confirman que el instrumento más usado por los individuos son las cuentas financieras en instituciones formales, especialmente en Brasil y Chile, seguido por el uso de las tarjetas de crédito en Uruguay y Venezuela. Entre las características socioeconómicas de los individuos, se encuentra que aquellas personas de género masculino, de mayor edad, con educación terciaria y mayores niveles de ingresos son quienes muestran mayores probabilidades de estar incluidos financieramente.

Suggested Citation

  • Lisana Belen Martinez & Mar�a Bel�n Guercio & Sof�a Orazi & Hern�n Vigier, 2022. "Instrumentos financieros claves para la inclusión financiera en América Latina," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 14(1), pages 17-47.
    • Handle: RePEc:col:000443:020543
    as

    Download full text from publisher

    File URL: https://revfinypolecon.ucatolica.edu.co/article/view/3769
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Guillermo Boitano & Deybi Franco Abanto, 2020. "Challenges of financial inclusion policies in Peru," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 12(1), pages 89-117.
    2. Cihak, Martin,Demirguc-Kunt, Asli,Feyen, Erik,Levine, Ross, 2012. "Benchmarking financial systems around the world," Policy Research Working Paper Series 6175, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. José Carlos Trejo García & Humberto Ríos Bolívar & Maria De Lourdes Soto Rosales, 2024. "Inclusión financiera en México, un análisis mediante autocorrelación espacial y técnica de clustering," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 19(2), pages 1-21, Abril - J.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. GHITA-MITRESCU Silvia & DUHNEA Cristina, 2015. "An Overview On The Romanian Banking System Stability," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 67(1), pages 55-67, February.
    2. Fielding, David & Rewilak, Johan, 2015. "Credit booms, financial fragility and banking crises," Economics Letters, Elsevier, vol. 136(C), pages 233-236.
    3. Wahidin, Deni & Akimov, Alexandr & Roca, Eduardo, 2021. "The impact of bond market development on economic growth before and after the global financial crisis: Evidence from developed and developing countries," International Review of Financial Analysis, Elsevier, vol. 77(C).
    4. Subhani Keerthiratne & Richard S. J. Tol, 2017. "Impact of Natural Disasters on Financial Development," Economics of Disasters and Climate Change, Springer, vol. 1(1), pages 33-54, June.
    5. Arize, Augustine & Kalu, Ebere Ume & Nkwor, Nelson N., 2018. "Banks versus markets: Do they compete, complement or Co-evolve in the Nigerian financial system? An ARDL approach," Research in International Business and Finance, Elsevier, vol. 45(C), pages 427-434.
    6. Ng, Adam & Dewandaru, Ginanjar & Ibrahim, Mansor H., 2015. "Property rights and the stock market-growth nexus," The North American Journal of Economics and Finance, Elsevier, vol. 32(C), pages 48-63.
    7. Ms. Alla Myrvoda & Julien Reynaud, 2018. "Monetary Policy Transmission in the Eastern Caribbean Currency Union," IMF Working Papers 2018/070, International Monetary Fund.
    8. Demirbag, Mehmet & McGuinness, Martina & Akin, Ahmet & Bayyurt, Nizamettin & Basti, Eyup, 2016. "The professional service firm (PSF) in a globalised economy: A study of the efficiency of securities firms in an emerging market," International Business Review, Elsevier, vol. 25(5), pages 1089-1102.
    9. Godlewski, Christophe J., 2015. "The certification value of private debt renegotiation and the design of financial contracts: Empirical evidence from Europe," Journal of Banking & Finance, Elsevier, vol. 53(C), pages 1-17.
    10. Adalgiso AMENDOLA & Cristian BARRA & Marinella BOCCIA & Anna PAPACCIO, 2018. "Market Structure and Financial Stability: Theory and Evidence," CELPE Discussion Papers 156, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
    11. Fotios V. Mitsakis, 2014. "The Impact of Economic Crisis in Greece: Key Facts and an Overview of the Banking Sector," Business and Economic Research, Macrothink Institute, vol. 4(1), pages 248-265, June.
    12. Manuel Agosin & Juan D. Díaz, 2020. "Explaining the Volatility of the Real Exchange Rate in Emerging Markets," Working Papers wp507, University of Chile, Department of Economics.
    13. Klein, Paul-Olivier & Turk-Ariss, Rima, 2022. "Bank capital and economic activity," Journal of Financial Stability, Elsevier, vol. 62(C).
    14. Godlewski, Christophe J., 2020. "How legal and institutional environments shape the private debt renegotiation process?," Journal of Corporate Finance, Elsevier, vol. 62(C).
    15. Lööf, Hans & Perez, Luis & Baum, Christopher F, 2018. "Directed Technical Change in Clean Energy: Evidence from the Solar Industry," Working Paper Series in Economics and Institutions of Innovation 470, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    16. Barrail, Zulma, 2020. "Business cycle implications of rising household credit market participation in emerging countries," Journal of Economic Dynamics and Control, Elsevier, vol. 116(C).
    17. Cavallaro, Eleonora & Villani, Ilaria, 2021. "Real income convergence and the patterns of financial integration in the EU," The North American Journal of Economics and Finance, Elsevier, vol. 56(C).
    18. Wagner, Charlotte & Winkler, Adalbert, 2013. "The Vulnerability of Microfinance to Financial Turmoil – Evidence from the Global Financial Crisis," World Development, Elsevier, vol. 51(C), pages 71-90.
    19. Mondher Cherif & Christian Dreger, 2016. "Institutional Determinants of Financial Development in MENA countries," Review of Development Economics, Wiley Blackwell, vol. 20(3), pages 670-680, August.
    20. Thibault Darcillon, 2016. "Do Interactions between Finance and Labour Market Institutions Affect the Income Distribution?," LABOUR, CEIS, vol. 30(3), pages 235-257, September.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • D0 - Microeconomics - - General
    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000443:020543. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Universidad Católica de Colombia (email available below). General contact details of provider: https://edirc.repec.org/data/feuccco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.