Finance and Poverty: Evidence from India

Meghana Ayyagari, Thorsten Beck, Mohammad Hoseini, Sun, 06/02/2013

Using state-level data from India over the period 1983 to 2005, this paper gauges the effect of financial deepening and outreach on rural poverty. Its findings suggest that financial deepening contributed to poverty alleviation in rural areas by fostering entrepreneurship and inducing geographic-sectoral migration.

a

A

Vox readers can download CEPR Discussion Paper 9124 for free here.

Journalists are entitled to free DP downloads on request; please contact [email protected]. To learn more about subscribing to CEPR's Discussion Paper Series, please visit the CEPR website.

URL:  www.cepr.org/pubs/dps/DP9497.asp

Topics:  Development Financial markets Migration Poverty and income inequality

Tags:  entrepreneurship, India, poverty alleviation

Don't Miss

Banking, FinTech, Big Tech: Emerging challenges for financial policymakers
Petralia, Philippon, Rice, Véron
Challenges in the digital age
Labhard, McAdam, Petroulakis, Vivian
The parliamentary Brexit endgame
Tyson

Events

CEPR Policy Research