Konferenzbeitrag

Financial development and household welfare: Microevidence from Thai households

We provide new micro evidence on the discussion about the relationship between financial development and welfare. Relying on the concept of local financial development our analysis focuses on three dimensions of household welfare: vulnerability to poverty, investment, and consumption smoothing. Even though we cannot find a significant effect on vulnerability, we provide evidence that financial development is correlated with higher investment and better possibilities to smooth consumption. The extent of both effects is also economically significant. Our results hold for alternative specifications and variations in the measurement of financial development.

Sprache
Englisch

Erschienen in
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Empirical Studies in Development Economics ; No. D14-V2

Klassifikation
Wirtschaft
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Thema
financial development
credit rationing
vulnerability
consumption smoothing
investment
poverty
growth

Ereignis
Geistige Schöpfung
(wer)
Gloede, Oliver
Rungruxsirivorn, Ornsiri
Ereignis
Veröffentlichung
(wer)
Verein für Socialpolitik
(wo)
Frankfurt a. M.
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:46 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Konferenzbeitrag

Beteiligte

  • Gloede, Oliver
  • Rungruxsirivorn, Ornsiri
  • Verein für Socialpolitik

Entstanden

  • 2010

Ähnliche Objekte (12)