Читать книгу The Political Economy of the BRICS Countries - Группа авторов - Страница 117

Aghion, P. and P. Bolton (1997). A theory of trickle-down growth and development. Review of Economic Studies, 64: 151–172.

Aghion, P., L. Boustan, C. Hoxby and J. Vandenbussche (2009). The causal effect of education on economic growth: Evidence from United States. In D. Romer and J. Wolfers (Eds.), Brookings Paper on Economic Activity (Spring). Available at [http://brookings.Edu/economics/bpea]

Aker, J. C. and I. Mbiti (2010). Mobile phones and economic development in Africa. Journal of Economic Perspectives, 24: 207–232.

Aker, J. C., R. Boumnijel, A. McClelland and N. Tierney (2016). Payment mechanisms and anti-poverty programs: Evidence from a mobile money cash transfer experiment in Niger. Economic Development and Cultural Change, 65: 1–37.

Allen, F., A. Demirguc-Kunt, L. Klapper, and M. S. Martinez Peria (2016). The foundations of financial inclusion: Understanding ownership and use of formal accounts. Journal of Financial Intermediation, 27: 1–20.

Amaral, S., S. Bandyopadhyay and R. Sensarma (2015). Employment programmes for the poor and female empowerment: The effect of NREGS on gender-based violence in India. Journal of Interdisciplinary Economics, 27: 199–218.

Amidzic, G., A. Massara and A. Mialou (2014). Assessing countries’ financial inclusion standing: A new composite index. IMF Working Paper 36. IMF: Washington DC.

Andrianaivo, M. and K. Kpodar (2012). Mobile phones, financial inclusion and growth. Review of Economics and Institutions, 3: 1–30.

Arcand, J-L., E. Berkes and U. Panizza (2012). Too much finance? IMF Working Paper 161. IMF: Washington DC.

Ardic, O.P., M. Heimann and Mylenko, N. (2011). Access to financial services and the financial inclusion agenda around the world: A cross-country analysis with a new dataset. Policy Research Working Paper No. 5537. The World Bank: Washington DC.

Aterido, R., T. Beck and L. Lacovone (2013). Gender and finance in Sub-Saharan Africa: Is there a gender gap? World Development, 47: 102–120.

Atkinson, A. and F. Messy (2013). Promoting financial inclusion through financial education. OECD Working Paper 34.

Atkinson, A. and F. A. Messy (2011). Assessing financial literacy in 12 countries: An OECD/INFE international pilot exercise. Journal of Pension Economics and Finance, 10: 657–665.

Babatz, G. (2013). Sustained effort, saving billions: Lessons from Mexico government’s shift to electronic payments. Better than cash alliance evidence paper, Mexico Study.

Banerjee, A. and E. Dulfo (2014). Do firms want to borrow more? Testing credit constraints using a directed lending program. Review of Economic Studies, 81: 572–607.

Banerjee, A. V., E. Duflo, R. Glennerster and C. Kinnan (2015). The miracle of microfinance: Evidence from a randomized evaluation. American Economic Journal: Applied Economics, 7: 22–53.

Barnwal, P. (2015). Curbing leakage in public programs with biometric identification systems: Evidence from India’s fuel subsidies. Columbia University School of International and Public Affairs, New York. Available at [http://columbia.edu/~pb2442/subsidyLeakageUID.pdf]

Barooah, V. K. (2008). Deprivation, violence and conflict: An analysis of ‘Naxalite’ activity in the districts of India. International Journal of Conflict and Violence, 2: 317–333.

Bayoumi, T. and O. Melander (2008). Credit matters: Empirical evidence on US macro-financial linkages. IMF Working Paper 169. IMF: Washington DC.

Beck, T., A. Demirguc Kunt, L. Laeven and V. Maksimovic (2006). The determinants of financing obstacles. Journal of International Money and Finance, 25: 932–952.

Beck, T., and M. Brown (2011). Use of banking services in emerging markets: Household level evidence. Center for Economic Policy Research Discussion Paper No. 8475. CEPR: London.

Beck, T., P. Behr and A. Madestam (2015). Sex and credit: Is there a gender bias in microfinance? European Banking Centre Discussion Paper No. 17. Tilburg University: Netherlands.

Beck, T., A. Demirguc Kunt and R. Levine (2008). Bank financing for SMEs around the world: Drivers, obstacles, business models and lending practices. Policy Research Working Paper No. 4785. The World Bank: Washington DC.

Beck, T., A. Demirguc Kunt and V. Maksimovic (2007a). Finance, inequality and the poor. Journal of Economic Growth, 12: 27–49.

Beck, T., A. Demirguc Kunt and M. S. Martinez Peria (2007b). Reaching out: Access to and use of banking services across countries. Journal of Financial Economics, 85: 234–266.

Beck, T., A. Demirgüç-Kunt and R. Levine (2007c). Finance, Inequality, and the Poor. Journal of Economic Growth, 12: 27–49.

Beck, T., S. M. Maimbo, I. Faye and T. Triki (2011). Financing Africa: Through the Crisis and Beyond. The World Bank: Washington DC.

Burgess, R. and R. Pande (2005). Can rural banks reduce poverty? Evidence from the Indian social banking experiment. American Economic Review, 95: 780–795.

Calcagno, R. and C. Monticone (2016). Financial literacy and the demand for financial advice. Journal of Banking and Finance, 50: 363–380.

Cecchetti, S. and E. Kharroubi (2012). Reassessing the impact of finance on growth. BIS Working Paper 381. BIS: Basel.

Chin, Y.-M. (2012). Male backlash, bargaining or exposure reduction? Women’s working status and physical spousal violence in India. Journal of Population Economics 25: 175–200.

Christiansen, C., J. S. Joensen and J. Rangvid (2008). Are economists more likely to hold stocks? Review of Finance, 12: 465–496.

Collins, D., Murdoch, Rutherford, J. S. and O. Ruthven (2009). Portfolios of the Poor: How the World’s Poor Live on $2 a Day. Princeton University Press: New Jersey.

Cornett, M. M., J. J. McNutt, P. E. Strahan and H. Tehranian (2011). Liquidity Risk Management and Credit Supply in the Financial Crisis. Journal of Financial Economics, 101: 297–312.

Dabla-Norris, E., Y. Ji, R. Townsend and Filiz D. Unsal (2015). Identifying constraints to financial inclusion and their impact on GDP and inequality: A structural framework for policy. IMF Working Paper 22. IMF: Washington DC.

Dasgupta, A., K. Gawande and D. Kapur (2016). (When) Do anti-poverty programs reduce violence? India’s rural employment guarantee and Maoist conflict. International Organization, 71: 605–632.

Demigruc-Kunt, A. and L. Klapper (2013). Measuring financial inclusion: Explaining variation in use of financial services across and within countries. Brookings Paper on Economic Activity (Spring), 279–321.

Demigruc-Kunt, A., L. Klapper and D. Singer (2013). Financial inclusion and legal discrimination against women: Evidence from developing countries. Policy Research Working Paper 6416. The World Bank: Washington D.C.

Demigruc-Kunt, A., L. Klapper and D. Singer (2017). Financial inclusion and inclusive growth: A review of recent empirical evidence. Policy Research Working Paper 8040. The World Bank: Washington D.C.

Demirguc A. Kunt and R. Levine (2008). Finance, financial sector policies and long run growth. Policy Research Working Paper 4469. The World Bank: Washington DC.

Demirguc A. Kunt and L. Klapper (2012). Measuring financial inclusion: The global Findex. Policy Research Working Paper No. 6025. The World Bank: Washington DC.

Demirguc Kunt, A., T. Beck and P. Honohan (2008). Finance for all? Policies and pitfalls in expanding access. The World Bank: Washington DC.

Demirguc Kunt, A., L. Klapper, D. Singer and P. Van Oudheusden (2015). The Global FINDEX Database 2014: Measuring financial inclusion around the world. Policy Research Working Paper 7255. The World Bank: Washington DC.

Duflo, E. (2012). Women empowerment and economic development. Journal of Economic Literature, 50: 1051–1079.

Duryea, S. and E. Schargrodsky (2007). Financial services for the poor: Welfare, savings and consumption. IABD: Washington DC.

Ellis, K., A. Lemma and J.-P. Rud (2010). Financial inclusion, household investment and growth in Kenya and Tanzania. ODI Project Briefing No. 43. Overseas Development Institute: London.

Esteve-Volart, B. (2004). Gender discrimination and growth: Theory and evidence from India. STICERD Working Paper 42. London School of Economics: UK.

Fafchamps, M., D. McKenzie, S. R. Quinn and C. Woodruff (2011). When is capital enough to get female microenterprises going? Evidence from a randomized experiment in Ghana. NBER Working Paper 17207. Cambridge: MA.

Fungacova, Z. and L. Weill (2013). Does competition influence bank failures? Evidence from Russia. Economics of Transition, 21: 301–322.

Galor, O. and J. Zeira (1993). Income distribution and macroeconomics. Review of Economic Studies, 60: 35–52.

Gathergood, J. and J. Weber (2017). Financial literacy, present bias and alternative mortgage products. Journal of Banking and Finance 78: 58–83.

Gerardi, K., L. Goette and S. Meier (2013). Numerical ability predicts mortgage default. Proceedings of the National Academy of Sciences 110: 11267–11271.

Ghosh, S. (2010). Financial inclusion and financial fragility: An empirical note. MPRA Paper No. 24252.

Ghosh, S. (2016a). Does mobile telephony spur growth? Evidence from Indian states. Telecommunications Policy, 40: 1020–1031.

Ghosh, S. (2017a). Did MGNREGS improve financial inclusion? Economic and Political Weekly, 52: 106–114.

Ghosh, S. (2017b). Financial inclusion, biometric identification and mobile: Unlocking the JAM trinity. International Journal of Development Issues, 16: 190–213.

Ghosh, S. (2019a). Financial inclusion through public works program: Did left wing extremism make a difference? Development Policy Review, 37: 19–45.

Ghosh, S. (2019b). Financial inclusion, economic growth and mobile telephony in India: Analysing the nexus. Innovation and Development (doi:10.1080/2157930X.2019.1570623).

Ghosh, S. and V. Dharmarajan (2017). What constraints financial inclusion for women? Evidence from Indian micro data. World Development, 92: 60–81.

Ghosh, S. and M. K. Gunther (2018). Financial inclusion through public works program: Does gender-based violence make a difference? Gender Issues, 35: 254–286.

Gine, X., J. Goldberg and D. Yang (2012). Credit market consequences of improved personal identification: Field experimental evidence from Malawi. American Economic Review 102: 2923–2954.

Government of India (2003). Report of the Task Force: Identification of Districts for Wage and Self Employment Programmes. Planning Commission: New Delhi.

Government of India (2008). Eleventh Five Year Plan 2007–12 (Volume I: Inclusive Growth). Planning Commission: New Delhi.

Government of India (2008). Report of the Committee on Financial Inclusion (Chairman: Dr. C. Rangarajan). Government of India: New Delhi.

Government of India (2013). Report of the Committee for Evolving a Composite Development Index of States (Chairman: Dr. Raghuram G Rajan). Government of India: New Delhi.

Government of India (2014a). Annual Report 2014-15 (Ministry of Women and Child Development). Government of India: New Delhi.

Government of India (2014b). Handbook on Direct Benefit Transfer. Planning Commission. Government of India: New Delhi.

Government of India (2014c). Key Indicators of Debt and Investment in India. Ministry of Statistics and Programme Implementation: New Delhi.

Government of India (2016). Economic Survey 2015–16. Government of India: New Delhi.

Gunther, M. K. and S. Ghosh (2018). Deciphering financial literacy in India: Evidence from the states. Economic and Political Weekly 53: 153–164.

Hanning, A. and S. Jansen (2010). Financial inclusion and financial stability: Current policy issues. ADBI Working Paper, No. 259.

Hsu, J. W. (2011). Ageing and strategic learning: The impact of spousal incentives on financial literacy. Indiana State University Networks Financial Institute Working Paper 06, Bloomington.

Imbert, C. and J. Papp (2015). Labour market effects of social programs: Evidence from India’s employment guarantee act. American Economic Journal: Applied Economics, 7: 233–263.

Intermedia (2014). Financial Inclusion Insights (Wave 2). 2014.

International Finance Corporation (2011). Strengthening Access to Finance for Women-owned SMEs in Developing Countries. IFC: Washington DC.

International Finance Corporation (2014). Improving Access to Finance for Women-owned Businesses in India. IFC: Washington DC.

Karlan, D. and J. Zinman (2011). Microcredit in theory and practice: Using randomized scoring for impact evaluation. Science 332: 1278–1284.

Kathuria, R., M. Uppal and Mamta (2009). An econometric analysis of the impact of mobile. Vodafone Policy Paper Series 9, 5–20.

Kendall, J., N. Mylenko and A. Ponce (2010). Measuring financial access around the world. Policy Research Working Paper No. 5253. The World Bank: Washington DC.

Khan, H. (2011). Financial inclusion and financial stability: Are they two sides of the same coin? Address at BANCON 2011 on November 4, Chennai: India.

King, R. and R. Levine (1993). Finance, entrepreneurship and growth: Theory and evidence. Journal of Monetary Economics 32: 513–542.

Klapper, L. (2015). Digital financial solutions to advance women’s economic participation. Report prepared for the Turkish G20 Presidency. The World Bank: Washington DC.

Klapper, L., A. Lusardi and Panos, G. A. (2013). Financial literacy and its consequences: Evidence from Russia during the financial crisis. Journal of Banking and Finance 37: 3904–3923.

Klasen, S. and F. Lamanna (2008). The impact of gender inequality in education and employment on economic growth in developing countries: Updates and extensions. Centre for Research in Economic Development Working Paper 10. CRED: Belgium.

Klonner, S. and C. Oldiges (2013). Can an Employment Guarantee Alleviate Poverty? Evidence from India’s National Rural Employment Guarantee Act. University of Heidelberg: Germany.

La Porta, R., F. Lopez-de-Silanes, A. Shleifer and R. Vishny (1998). Law and finance. Journal of Political Economy 106: 1113–1155.

Lagarde, C. (2014). Empowerment through financial inclusion. Address to the International Forum for Financial Inclusion, Mexico, June.

Lagarde, C. (2015). Delivering on the Promise of 2025. Address at the W-20 Summit in Turkey, September.

Levine, R. (2005a). Finance and growth: Theory and evidence. in P. Aghion and S. Durlauf (eds), Handbook of Economic Growth, Elsevier NH.

Levine, R. (2005b). Finance and growth: Theory and evidence. in P. Aghion and S. Darlauf (eds.) Handbook of Economic Growth. Elsevier Science: NH.

Lusardi, A. and P. Tufano (2009). Teach workers about the perils of debt. Harvard Business Review (November), 22–24.

Lusardi, A., O. S. Mitchell and V. Curto (2014). Financial literacy and financial sophistication in the older population. Journal of Pension Economics and Finance, 13: 347–366.

Mehrotra, A. and J. Yetman (2015). Financial inclusion — issues for central banks. BIS Quarterly Review (March).

Mel, S., D. McKenzie and C. Woodruff (2012). One time transfers of cash or capital have long-lasting effects on microenterprises in Sri Lanka. Science, 335: 962–966.

Morgan, P. and V. Pontines (2014). Financial stability and financial inclusion. ADBI Working Paper No. 488. Asian Development Bank Institute: Tokyo.

Muralidharan, K., P. Niehans and S. Sukthankar (2016). Building state capacity in India: Evidence from biometric smartcards in India. American Economic Review, 106: 2895–2929.

Organisation for Economic Cooperation and Development (2008). Development of composite indices: Measurement and issues. OECD: Paris.

Organisation for Economic Cooperation and Development (2014). Achieving Stronger Growth by Promoting a more Gender-balanced Economy. Report prepared jointly by the OECD, IM. ILO and the World Bank for the G20 Labour and Employment Ministerial Meeting, Melbourne, Australia.

Pickens, M., D. Porteous and S. Rotman (2009). Banking the poor via G2P payments. CGAP Report No. 58. CGAP, DFID: London.

Pitt, M., S. R. Khandker, O. H. Chowdhury and D. Millimet (2003). Credit programs for the poor and the health status of children in rural Bangladesh. International Economic Review, 44: 87–118.

Planning Commission (2008). 11th Five Year Plan (Volume 1: Inclusive Growth). Planning Commissions: New Delhi.

Raddatz, C. (2010). When the Rivers Run Dry: Liquidity and the Use of Wholesale Funds in the Transmission of the U.S. Subprime Crisis. Policy Research Working Paper No. 5203. The World Bank: Washington DC.

Rajan, R. G. and L. Zingales (1998). Financial dependence and growth. American Economic Review 88: 559–586.

Ratnovski, L. and R. Huang (2009). Why are Canadian banks more resilient? IMF Working Paper No. 152. IMF: Washington DC.

Reddy, Y. V. (2012). Society, economic policies and the financial sector. Per Jacobsson Foundation Lecture on June 24, Basel: Switzerland.

Reddy, Y. V. (2015). Financial inclusion and central banking. Keynote speech at the 14^th SEACEN Executive Committee Meeting on October 1, Port Moresby.

Reserve Bank of India (2015). Report of the Committee on the Medium Term Path on Financial Inclusion (Chairman: Shri D. Mohanty). RBI: Mumbai.

Reserve Bank of India (2017). Report of the Household Finance Committee (Chairman: Prof. T. Ramadorai). RBI: Mumbai.

Sarma, M. and J. Pais (2011). Financial inclusion and development. Journal of International Development 23: 613–628.

Sriram, M. S. (2015). Inclusive Finance Insight Report 2015. Sage Publications: New Delhi.

United Nations (2014). The Millennium Development Goals Report 2014. United Nations: Geneva.

Van R. Ooijen and M. C. J. van Rooij (2016). Mortgage risk, debt literacy and financial advice. Journal of Banking and Finance 72: 201–217.

Waverman, L., M. Meschi and M. Fuss (2005). The impact of telecoms on economic growth in developing countries. Vodafone Policy Paper Series 5, 10–23.

World Bank (2013). Global Financial Development Report (Financial Inclusion). The World Bank: Washington DC.

World Bank (2014a). Global Financial Development Report (Financial Inclusion). The World Bank: Washington DC.

World Bank (2014b). Global Survey on Consumer Protection and Financial Literacy. The World Bank: Washington DC.

World Bank (2018). The Global Findex Database 2017. The World Bank: Washington DC.

Zia, B. H. (2008). Export incentives, financial constraints and the (mis)allocation of credit: Micro-level evidence from subsidized export loans. Journal of Financial Economics 87: 498–527.

¹The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 was passed by the Indian Parliament in March 2016. The Bill aims at providing statutory backing for targeted government subsidies and benefits by integrating them with Aadhaar numbers (Government of India, 2016).

²The survey excludes the state of Jammu & Kashmir and two union territories (Andaman Nicobar and Lakshadweep).

³The PPI index is made up of 10 questions on household size, assets, education and cooking sources, and can take a value of 0 to 100 (zero being the lowest). Households scoring less than 54 points are classified as Below Poverty Line (BPL) (living below USD 2.50). In 2015, the median (mean) score was 38 (39.7).

⁴The empirical analysis is based on Ghosh (2016a).

⁵The program was initially rolled out in 200 districts in February 2006 and subsequently in 130 districts in April 2007 and finally, in the remaining districts in April 2008. To understand the effect of the program on financial inclusion, we compare the impact of the implementation of MGNREGS in the first two sets of districts vis-à-vis the third set of districts.

⁶The PPI index is made up of 10 questions on household size, assets, education and cooking sources, and can take a value of 0–100 (zero being the lowest). Households scoring less than 54 points are classified as Below Poverty Line (BPL) (living below USD 2.50). In 2015, the median (mean) score was 38 (39.7).