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Bankarization among Households in the Dominican Republic

In: Financial Decisions of Households and Financial Inclusion: Evidence for Latin America and the Caribbean

Author

Listed:
  • Carlos Delgado Urbáez

    (Banco Central de la República Dominicana)

Abstract

This research studies the determinants of the probability that a Dominican family is banked. Data is used from the Encuesta de Cultura Económica y Financiera 2014 (Financial and Economic Culture Survey 2014) of the Banco Central de la República Dominicana. Results show a significant role of variables related to financial attitudes, as financial issues oversight and previous payment capacity verification, and work status.

Suggested Citation

  • Carlos Delgado Urbáez, 2018. "Bankarization among Households in the Dominican Republic," Investigación Conjunta-Joint Research, in: María José Roa García & Diana Mejía (ed.), Financial Decisions of Households and Financial Inclusion: Evidence for Latin America and the Caribbean, edition 1, volume 1, chapter 10, pages 309-347, Centro de Estudios Monetarios Latinoamericanos, CEMLA.
    • Handle: RePEc:cml:incocp:7en-10
    Note: Joint Research Program of the Central Bank Researchers Network
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    References listed on IDEAS

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    More about this item

    Keywords

    bankarization; probability models; financial inclusion; financial attitudes; financial education.;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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