Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/259221 
Authors: 
Year of Publication: 
2019
Citation: 
[Journal:] Comparative Economic Research. Central and Eastern Europe [ISSN:] 2082-6737 [Volume:] 22 [Issue:] 4 [Publisher:] De Gruyter [Place:] Warsaw [Year:] 2019 [Pages:] 129-142
Publisher: 
De Gruyter, Warsaw
Abstract: 
Financial inclusion has recently become an issue of concern the world over for governments, policymakers, non-governmental organizations (NGOs), and financial and non-financial institutions alike. McKinnon (1973) and Shaw (1973), in seminal presentations, brought the world's attention to the importance of an effective financial system for economic development. In recent years, there has been growing theoretical and empirical works showing the strong linkages between financial development with economic growth and poverty alleviation. After conducting statistical analysis using Stata version 14 for Windows with a multivariate binary logistic regression modeling technique applied, this paper tested and concluded that there is a statically significant relationship between educational levels on the one-hand and income levels on the other on the probability of one having a mobile banking account in South Africa. From a policy perspective, this information will assist policymakers in making more informed decisions with respect to education, and from the banking fraternity point of view it will help, them in the developments of products that are more in line with the population's education and income levels.
Subjects: 
financial inclusion
level of education
level of income
mobile banking
JEL: 
G21
N03
N27
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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