Vol. 16 No. 31 (2020)

Artículos

Effects of financial inclusion on poverty in Mexico in the period 2000-2017

Published 2020-10-19 — Updated on 2020-10-19

  • Christopher Cernichiaro Reyna

Christopher Cernichiaro Reyna
Metropolitan Autonomous University image/svg+xml

Panorama Económico Vol. XVI No. 32

Abstract

According to Mexican social care program named Prospera, and academical papers for the Mexican case, saving, credit and insurance has positive effects on individual income. To verify such statements a SVAR is built using Mexican monthly data from January 2000 to December 2017. Estimations show that savings deter purchase power at least for the first two years. Also, credit has a positive impact on purchase power, possibly because more credit is contracted. Finally, insurance acquisition contributes to preserve purchase power.

Keywords

financial inclusion, saving, credit, insurance, income

PDF (Spanish)

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