Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2020.1749104
Remittances as an opportunity to increase savings and financial inclusion of youth in South East Europe
Meldina Kokorović Jukan
Jasmina Okičić
Danijel Hopić
Sažetak
Paper discusses financial inclusion of youth focussing on effects
of remittances on financial inclusion of youth (usage of debit
card, credit card, savings and borrowing instruments) in South
East Europe. It is argued that remittances, as stable sources of
income (capital), contribute to savings and lead to an improvement
in financial inclusion of individuals who receive remittances.
We test our hypothesis that remittances contribute to increase in
savings and in the level of financial inclusion of youth in South
East European countries. We estimate probit regression models
with a set of dummy dependent variables for financial inclusion:
having a debit card, having a credit card, borrowing and savings,
and regress them on receipt of remittances controlling for age,
gender, education and income level. Results show negative
impact of remittances on youth financial inclusion in selected
countries with respect to having debit card, credit card and borrowing.
On the other hand, results show positive effect of remittances
on savings among youth that receive remittances
Ključne riječi
remittances; financial inclusion; South East Europe; youth
Hrčak ID:
254622
URI
Datum izdavanja:
9.2.2021.
Posjeta: 683 *