Financial Inclusion and Foreign Market Participation of Firms: A Quasi-experiment from Nigeria

Author(s):  
Uchenna R. Efobi ◽  
Emmanuel Orkoh ◽  
Scholastica Atata
10.3386/w9527 ◽  
2003 ◽  
Author(s):  
Bruce Blonigen ◽  
Rossitza Wooster

2021 ◽  
Vol 7 (1-2) ◽  
pp. 23-61
Author(s):  
Mohammed Amidu ◽  
Joshua Yindenaba Abor ◽  
William Coffie ◽  
Agnes Akpene Akakpo

This article examines the livelihood activities of households who are financially included and participate in the stock market. We sample 1,966 households in Ghana and employ two stage least squares and robust probit regression analysis to test the relationship of interest. We find the following results: First, financial inclusion significantly improves sustainable livelihood activities when individuals who own accounts, use their accounts to save, have access to credit, and use their account frequently through making withdrawals. Second, improvement in the livelihood (income) of individuals encourages stock market participation (SMP, using agent visits). Third, financial inclusion, in the form of using account for savings purposes, negatively influences SMP (investment is stocks) as individuals prefer holding liquid funds in savings account than investing in risky assets. Finally, the sensitivity of SMP to financial inclusion and livelihood (employment and income), suggests that as the livelihood of financial included persons improves, they are less inclined to participate in the stock market. We conclude that financial inclusion and livelihood activities are relevant in explaining the participation of Ghanaians on the stock market.


2010 ◽  
Author(s):  
Dan Ispas ◽  
Alexandra Ilie ◽  
Russell E. Johnson ◽  
Dragos Iliescu ◽  
Walter C. Borman

2005 ◽  
Author(s):  
Adam S. Kling ◽  
Michael H. Vinitsky ◽  
Calvin C. Hoffman ◽  
Daniel A. Newman

2020 ◽  
Vol 17 (2) ◽  
pp. 349-356
Author(s):  
Kari Kristinsson ◽  
Margret Sigrun Sigurdardottir

Research on immigration has emphasized the role that statistical discrimination plays in hiring decisions. A better understanding of how immigrants overcome this type of discrimination might lead to better interventions to improve their labour market participation. In this paper, we use qualitative interviews to examine how immigrants can reduce statistical discrimination by signalling their similarity to employers in their job applications. Specifically, we find that immigrants who demonstrate signal similarity to employers in the type of education, job experience and religion tend to reduce their statistical discrimination by employers. We suggest how further research can build on these results to provide possible tools for immigrant integration.


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