Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/263275 
Year of Publication: 
2020
Series/Report no.: 
Bath Papers in International Development and Wellbeing No. 63
Publisher: 
University of Bath, Centre for Development Studies (CDS), Bath
Abstract: 
Enabling everybody to benefit from regulated financial services has become a global policy goal. However, while access to accounts is increasing, use of accounts remains low. This micro-level study considers the transactions and savings components of financial inclusion, and investigates the factors affecting use of regulated savings accounts by individuals in Ghana. It investigates, for the first time on a single country national dataset, the five sets of constraints on use of regulated savings accounts identified by Karlan et al. (2014): transactions costs, information and knowledge gaps, social connections, trust in banks and behavioural biases. It uses logistical regression analysis to assess the role of the five constraints on account use in Ghana using individual level data from a nationally representative sample collected by Finscope in 20101. The results show that, while the constraints considered by Karlen et al. (2014) affect the access to bank accounts, they do not influence the use of these accounts.
Subjects: 
bank accounts
savings
financial inclusion
access
use
Ghana
Document Type: 
Working Paper

Files in This Item:
File
Size
420.19 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.