Measuring financial inclusion

Using a distance-based approach, this paper proposes an index of financial inclusion (IFI) â€“ a measure of inclusiveness of a financial system that incorporates information on various dimensions of financial inclusion in a single number lying between 0 and 1. The proposed index is easy to compute and is comparable across economies and over time. It is unit-free, monotonous and homogeneous.

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Year of publication:	2015-03-22
Authors:	Sarma, Mandira
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 35.2015, 1, p. 604-611
Publisher:	AccessEcon
Subject:	Financial inclusion \| IFI \| multi-dimensional index \| Euclidean distance

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Extent:	application/pdf
Type of publication:	Article
Classification:	C1 - Econometric and Statistical Methods: General ; G0 - Financial Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011207125