Publication:
Household Financial Assets in the Process of Development

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dc.contributor.authorHonohan, Patrick
dc.date.accessioned2012-06-18T22:35:28Z
dc.date.available2012-06-18T22:35:28Z
dc.date.issued2006-07
dc.description.abstractSystematic information on household financial asset holdings in developing countries is very sparse. The author reviews some available data and current policy debates. Although financial asset holdings by households are highly concentrated, deeper financial systems are correlated with improved income distribution. For low-income countries, the relevant question for poor households is not how much financial assets they have, but whether they have any access to financial products at all. Building on and synthesizing disparate data collection efforts by others, the author produces new estimates of access percentages for over 150 countries. Across countries access is negatively correlated with poverty rates, but the correlation is not a robust one: thus the supposed anti-poverty potential of financial access remains econometrically elusive. Despite policy focus on the value of credit instruments, it is deposit products that tend to be the first to be used as prosperity increases, before more sophisticated savings products and borrowing.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/07/6914008/household-financial-assets-process-development
dc.identifier.doi10.1596/1813-9450-3965
dc.identifier.urihttps://hdl.handle.net/10986/8388
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3965
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectASSETS
dc.subjectBALANCE SHEETS
dc.subjectBANK DEPOSITS
dc.subjectBANKING DEPOSITS
dc.subjectBANKING SYSTEM
dc.subjectBANKS
dc.subjectBORROWING
dc.subjectCAPITAL FLIGHT
dc.subjectCAPITALIZATION
dc.subjectCHECKING ACCOUNTS
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCONSUMERS
dc.subjectDEBT
dc.subjectDEFAULT RISK
dc.subjectDEFICITS
dc.subjectDEMAND DEPOSITS
dc.subjectDEPOSIT PRODUCTS
dc.subjectECONOMETRIC EVIDENCE
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC LIFE
dc.subjectECONOMIC POWER
dc.subjectELASTICITY
dc.subjectEQUITY MARKETS
dc.subjectEXPENDITURES
dc.subjectFINANCIAL ASSET ACCUMULATION
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL INTERMEDIARY DEVELOPMENT
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL PRODUCTS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SYSTEMS
dc.subjectFIXED COSTS
dc.subjectFOREIGN ASSETS
dc.subjectGDP
dc.subjectGINI COEFFICIENT
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT SECURITIES
dc.subjectHOUSING
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME GROUPS
dc.subjectINCOME LEVELS
dc.subjectINFLATION
dc.subjectINSURANCE
dc.subjectINTEREST RATES
dc.subjectINVESTABLE FUNDS
dc.subjectINVESTMENT PLANNING
dc.subjectINVESTOR PROTECTION
dc.subjectLIQUID ASSETS
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET RISK
dc.subjectMICROFINANCE
dc.subjectMORTGAGES
dc.subjectMUTUAL FUNDS
dc.subjectNATIONAL INCOME
dc.subjectOFFSHORE BANKING
dc.subjectONLENDING
dc.subjectPENALTIES
dc.subjectPER CAPITA INCOME
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO COMPOSITION
dc.subjectPORTFOLIOS
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVE ASSETS
dc.subjectPRODUCTIVITY
dc.subjectPROPERTY RIGHTS
dc.subjectRATES OF RETURN
dc.subjectREGRESSION ANALYSES
dc.subjectRESOURCE MOBILIZATION
dc.subjectRETIREMENT
dc.subjectROE
dc.subjectSAVINGS
dc.subjectSAVINGS BANKS
dc.subjectSAVINGS DEPOSITS
dc.subjectSAVINGS RATES
dc.subjectSAVINGS SCHEMES
dc.subjectSECURITIES
dc.subjectSMOOTHING CONSUMPTION
dc.subjectSUB-SAHARAN AFRICA
dc.subjectTAX POLICIES
dc.subjectTIME DEPOSITS
dc.subjectTRANSACTIONS COSTS
dc.subjectTRANSITION ECONOMY
dc.subjectWEALTH
dc.titleHousehold Financial Assets in the Process of Developmenten
dspace.entity.typePublication
okr.crossref.titleHousehold Financial Assets In The Process Of Development
okr.date.doiregistration2025-04-10T09:39:41.901021Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2006/07/6914008/household-financial-assets-process-development
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid853091468331755331
okr.identifier.doi10.1596/1813-9450-3965
okr.identifier.externaldocumentum000016406_20060711120153
okr.identifier.internaldocumentum6914008
okr.identifier.reportWPS3965
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/07/11/000016406_20060711120153/Rendered/PDF/wps3965.pdfen
okr.topicEconomic Theory and Research
okr.topicLaw and Development::Settlement of Investment Disputes
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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