On 28th November OxTalks will move to the new Halo platform and will become 'Oxford Events' (full details are available on the Staff Gateway).
There will be an OxTalks freeze beginning on Friday 14th November. This means you will need to publish any of your known events to OxTalks by then as there will be no facility to publish or edit events in that fortnight. During the freeze, all events will be migrated to the new Oxford Events site. It will still be possible to view events on OxTalks during this time.
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Abstract:
This paper investigates how the expansion of formal financial access affects welfare using a pseudo-panel constructed from data collected in Zambia in 2009 and 2015. First, results show that up to 53% of Zambians transitioned into formal financial inclusion and they recorded better welfare than individuals who remained excluded or those who transitioned out of the formal financial sector. On average, the expansion, through increased financial inclusion had a positive and significant effect on the welfare of users, even after controlling for their previous welfare levels. The effect is more pronounced in rural areas where welfare improved by a factor of between 2.1 – 7.4 points, driven by proximity of less than 60 minutes to financial services points. Welfare improvements are accounted for by indicators such as acquisition of houses, use of better quality materials for the floor and the roof, use of modern source of energy for cooking and ownership of electronics.
