No.232 Understanding Financial Inclusion in Mongolia From a Micro Perspective: Is There a Gender Gap?

  • #Working Papers

This paper investigates the determinants of financial inclusion in Mongolia – a country where persistent “reverse” gender gap in financial inclusion exists. When applying multivariate logistic models to nationally representative data, results show that women, and those who are more educated and older are more likely to be financially included. Women are four percentage points more likely than men to have access to formal finances; men are more likely to report barriers to finance and use informal finances. The Blinder-Oaxaca decomposition technique is employed to analyze the “reverse” gender disparity in financial inclusion. The results demonstrate that the disparity is largely due to coefficient effects that reflect behavioral or unobserved differences towards financial inclusion between men and women.

Keywords: Financial inclusion, Gender, Mongolia

Download

Author
Enerelt Murakami
Date of issuance
March 2022
Language
English
Number of pages
33 page
Related areas
  • #Asia
Topics
  • #Gender and Development
  • #Poverty Reduction
Research area
Economic Growth and Poverty Reduction
Research project
  • The Impact of Financial Literacy on Remittance Decisions in Transnational Households: The Case of Mongolian Migrants in Japan

Related News & Columns