Identification of Barriers to Financial Inclusion Among Youth

Babajic, Amra; Okičić, Jasmina; Jukan, Meldina Kokorovic

doi:10.5539/ibr.v11n7p120

Cited by 3 publications

(2 citation statements)

References 5 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Speaking of another group of financial knowledge questions, 94.17% of the respondents did not give a correct answer in case of compound interest and 69.02% of respondents do not understand the relationship between inflation and interest rates. Similar findings are reported by Babajić, Okičić and Kokorović Jukan (2018). On the other hand, most of the respondents gave the correct answer in case of simple interest (75.72%), risk diversification (51.82%).…”

Section: Variablessupporting

confidence: 86%

Some Insights Into Financial Literacy Among Undergraduate Students: A Case of Bosnia and Herzegovina

Okičić

Jukan

Herić

2021

IJFR

Self Cite

View full text Add to dashboard Cite

The purpose of this research is to provide some insights into financial literacy among undergraduate students focusing primarily on the relationship between financial knowledge, financial attitudes and financial behavior and on possible gender and financial education gap in financial literacy. Using the purposive sampling technique, data collection was carried out from April to June 2020, yielding a sample of 1,046 valid responses. To gain a better understanding of the relationship between financial behaviour, financial attitudes and financial knowledge, we, primarily, use exploratory factor analysis and multiple regression model. The research findings have revealed several important issues. First, findings have suggested that financial knowledge, financial attitudes and gender may be considered as an antecedent of the financial behaviour of undergraduate students. Second, findings have also suggested a statistically - significant difference between the financial literacy of undergraduate students concerning their exposure to formal financial education.

show abstract

Section: Variablessupporting

confidence: 86%

Some Insights Into Financial Literacy Among Undergraduate Students: A Case of Bosnia and Herzegovina

Okičić

Jukan

Herić

2021

IJFR

Self Cite

View full text Add to dashboard Cite

show abstract

“…Álvarez, Paramo, and Carpio (2012) argue that in Mexico, one of the factors that influence the persistence of inequity, poverty, and the slow growth of less developed areas, rural and urban, is financial exclusion. In this sense, young people are one of the most vulnerable groups (Babajic, Okicic and Kokorovic, 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

Students Perception About Digital Financial Services

Moreno-García¹,

Garcı́a-Santillán²,

Campero³

2021

IJFR

View full text Add to dashboard Cite

The purpose of this research is to determine how the students from a Mexican university perceive the different digital financial services. For the study, the Durai and Stella (2019) test was used, which is made up of twelve indicators in a Likert format to assess the perception of digital services, based on their convenience, adaptability, affordability, security, user-friendliness, trailing fee, accurate timing, online monthly statement, quick financial decision making, interbank account accessibility and internet connectivity. The main findings point to the satisfaction that respondents feel towards digital financial services in the five dimensions that were studied: Internet Banking, Mobile Banking, Mobile Wallet, Credit Cards and Debit Cards. Student’s perception was extremely satisfactory towards Debit Card services, especially on the indicators of adaptability, affordability, security, user-friendliness, accurate timing, online monthly statement and portability. In addition, the Mobile Banking services had a positive impact on the Interbank account accessibility and Internet Connectivity. This could be explained by the way these current generations of young millennials easily handle technological use.

show abstract

Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA region

Elmasmari,

Amaghouss

2024

EBR

View full text Add to dashboard Cite

This study examines the determinants of financial inclusion and FinTech in order to evaluate their effects on youth labor force participation in the MENA region. The World Bank's Global Findex 2021 database was used to perform probit estimations and propensity score matching. The results show that young people with higher education levels, higher incomes, mobile phones and internet access are more likely to be included in the traditional and digital financial systems. In addition, the factors hindering financial inclusion include a lack of documentation, religious constraints and the costs associated with financial services. Furthermore, examining the effect of financial inclusion and fintech reveals that having formal bank accounts and mobile money accounts, as well as savings, formal loans, and digital transactions have a significant impact on young people's participation in the labor force.

show abstract

Identification of Barriers to Financial Inclusion Among Youth

Cited by 3 publications

References 5 publications

Some Insights Into Financial Literacy Among Undergraduate Students: A Case of Bosnia and Herzegovina

Some Insights Into Financial Literacy Among Undergraduate Students: A Case of Bosnia and Herzegovina

Students Perception About Digital Financial Services

Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA region

Contact Info

Product

Resources

About