nep-fle New Economics Papers
on Financial Literacy and Education
Issue of 2024‒02‒12
three papers chosen by
  1. Question design and the gender gap in financial literacy By Alicia Lloro; Ellen A. Merry; Anna Tranfaglia
  2. Evaluating the gendered credit constraints and uptake of an insurance-linked credit product By Timu, Anne G.; Shee, Apurba; Ward, Patrick S.; You, Liangzhi
  3. The impact of technological innovation and its effect on the banking sector By Safwane Sadki; Abdelmalek Bekkaoui
  1. By: Alicia Lloro; Ellen A. Merry; Anna Tranfaglia
    Abstract: Many surveys have measured people's financial literacy with a standard set of questions covering interest, inflation, and investment diversification. Results from these surveys have consistently shown that women are less likely than men to answer the financial literacy questions correctly – the so-called financial literacy gender gap.
    Date: 2024–01–02
    URL: http://d.repec.org/n?u=RePEc:fip:fedgfn:2024-01-02&r=fle
  2. By: Timu, Anne G.; Shee, Apurba; Ward, Patrick S.; You, Liangzhi
    Abstract: Smallholder farmers in low- and medium-income countries lack sufficient access to agricultural production credit that can help them adopt new technologies and improve their farm production. Compared to men, women smallholder farmers face additional social, and economic barriers that further limit their credit access. Bundling agricultural credit with insurance, or risk contingent credit (RCC), provides a mechanism for addressing some of the credit access constraints and reducing credit rationing among smallholder farmers. In this paper, we evaluate the gendered determinants of credit rationing and the gender differences of the effects of RCC innovation on credit uptake decisions. We use three-wave panel data from a randomized control trial (RCT) in Kenya. We find that female-headed households (FHH) are significantly more risk rationed (or demand-side credit constrained) compared to male-headed households (MHH), however, the gender of the household head does not significantly determine the household quantity rationing status (supply-side constrained). We also find that farmers randomly assigned to be offered the RCC are up to four percent more likely to take up credit. RCC’s impacts on credit uptake decisions do not vary with the gender of the household head, however, RCC has a differential positive and significant impact on the credit uptake decisions of farmers that were previously (at baseline) risk rationed. Based on these findings, we suggest that policies should focus on reducing gendered demand-side barriers to credit access, especially among poorer women households. Climate financing innovations such as RCC should also be designed and delivered in a gender-inclusive manner to accommodate women farmers who face time, liquidity, and financial literacy barriers.
    Keywords: smallholders; agricultural production; credit; agricultural technology; gender; insurance; climate resilience; rural finance; risk contingent credit (RCC); credit rationing; KENYA; EAST AFRICA; AFRICA SOUTH OF SAHARA; AFRICA
    Date: 2023
    URL: http://d.repec.org/n?u=RePEc:fpr:ifprid:2215&r=fle
  3. By: Safwane Sadki (Laboratoire Universitaire de Recherche en Instrumentation et Gestion des Organisations - Faculté des sciences juridiques économiques et sociales de Oujda Université Mohammed Premier, Oujda, Maroc); Abdelmalek Bekkaoui (Laboratoire Universitaire de Recherche en Instrumentation et Gestion des Organisations - Faculté des sciences juridiques économiques et sociales de Oujda Université Mohammed Premier, Oujda, Maroc)
    Abstract: The financial landscape has undergone major changes in the wake of the financial crises. Rivalry between banks is intense, with customers having increasingly high expectations, conditions which have made technological innovation one of the main solutions. In today's financial world, technology is at the heart of every company's ability to offer new financial products and services. And thanks to the use of technological innovation, FinTech companies in particular are able to offer more efficient, faster and more accessible financial solutions to consumers. The aim of this article is to carry out a systematic literature review on the impact of technological innovation and its effect on the banking sector. More specifically, the article focuses on exploring the literature on technological innovation in the financial sector and the factors that give rise to it. The article also takes stock of the impact of new technological innovations used by Fintechs and banks.
    Abstract: Le paysage financier a subi d'importants changements suite au suivi des crises financières. La rivalité entre les banques est intense avec une clientèle qui a des attentes de plus en plus élevées, des conditions qui ont rendu l'innovation technologique comme l'une des principales solutions. Aujourd'hui dans le domaine financier, la technologie représente un noyau central de toutes les entreprises ont leur donnent la possibilité d'offrir de nouveaux produits et services financiers. On outre grâce à l'utilisation de l'innovation technologique, et plus particulièrement les entreprises FinTech sont capables de proposer des solutions financières plus efficaces, plus rapides et plus accessibles aux consommateurs. Cet article a pour objectif de réaliser une revue systématique de littérature sur l'impact de l'innovation technologique et de son effet sur le secteur bancaire. Plus spécifiquement, l'article se focalise sur l'exploration de la littérature relative à l'innovation technologique dans le domaine financier et les facteurs qui donnent naissance à cette dernière. L'article met aussi le point sur les retombées des nouvelles innovations technologiques utilisées par les Fintechs et les banques.
    Keywords: Innovation, Technology, Fintech, Banking sector., Technologie, Secteur bancaire.
    Date: 2023–12–31
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04377063&r=fle
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