Econ Papers Daily / 期刊论文
金融包容能否缓解社会排斥？
Does Financial Inclusion Mitigate Social Exclusion?
摘要
This paper examines the role of financial inclusion in reducing caste‐based social exclusion using a quasi‐experimental design based on a 2005 branch expansion policy of the Reserve Bank of India. Employing a regression discontinuity framework, the findings reveal a significant increase in consumption and a reduction in poverty among marginalized castes compared to non‐marginalized castes. The study identifies three specific channels, informal credit, business finance, and the labor market, that contribute to the welfare gains of marginalized castes. In addition, the results show reductions in taste‐based discriminatory practices. Overall, this study underscores the role of the formal banking sector in mitigating deep‐rooted social norms, such as caste‐based discrimination.
中文摘要
本文基于印度储备银行2005年的分行扩张政策，采用准实验设计，考察了金融普惠在减少基于种姓的社会排斥方面的作用。通过运用断点回归框架，研究发现，与非边缘化种姓相比，边缘化种姓的消费显著增加，贫困有所减少。研究识别出三个具体渠道，即非正规信贷、商业融资和劳动力市场，这些渠道促进了边缘化种姓的福利改善。此外，结果表明，基于偏好的歧视性做法有所减少。总体而言，本研究强调了正规银行部门在缓解种姓歧视等根深蒂固的社会规范方面的作用。