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  4. Finance and Poverty: Evidence From India

Mar

26

Wednesday

Finance and Poverty: Evidence From India

5.00pm

Seminars

Public

Speaker: Thorsten Beck,

Series: Term 2, 2013-14 Seminar Series

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. Following the 1991 liberalization episode, we find a strong negative relationship between financial deepening, rather than financial breadth, and rural poverty. Instrumental variable regressions suggest that this relationship is robust to omitted variable and endogeneity biases. We also find that financial deepening has reduced poverty rates.

This seminar will be held in room D221, Social Sciences Building

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When & where

5.00pm - 6.20pmWednesday 26th March 2014

Rhind Building City, University of London St John Street London EC1R 0JD United Kingdom

Contact Details

Department of Economics

Social Sciences Building
City, University of London
Whiskin Street
London
EC1R 0JD
United Kingdom
+44 (0)20 7040 8500

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