Bankarization among Households in the Dominican Republic

Carlos Delgado Urbaez

Chapter 10 in Financial Decisions of Households and Financial Inclusion: Evidence for Latin America and the Caribbean, 2018, pp 309-347 from Centro de Estudios Monetarios Latinoamericanos, CEMLA

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.

Keywords: bankarization; probability models; financial inclusion; financial attitudes; financial education. (search for similar items in EconPapers)
JEL-codes: C21 D14 G21 G28 (search for similar items in EconPapers)
Date: 2018
ISBN: 978-607-8582-00-6 (online)
Note: Joint Research Program of the Central Bank Researchers Network
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