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The African financial development and financial inclusion gaps (English)

This paper investigates the African financial development and financial inclusion gaps relative to other peer developing countries. The paper uses a set of variables related to financial development and inclusion. ... See More +

Policy Research Working Paper WPS7019 SEP 01, 2014

Allen, Franklin; Carletti, Elena; Cull, Robert; Jun Qian; Senbet, Lemma; Valenzuela, Patricio

Resolving the African financial development gap : cross-country comparisons and a within-country study of Kenya (English)

With extensive country and firm-level data sets, this paper first documents that the financial sectors of most Sub-Saharan African countries remain significantly underdeveloped by the standards of other developing countries. ... See More +

Policy Research Working Paper WPS6592 SEP 01, 2013

Allen, Franklin; Carletti, Elena; Cull, Robert; Qian, Jun; Senbet, Lemma; Valenzuela, Patricio

Improving access to banking : evidence from Kenya (English)

Using household surveys and bank penetration data at the district-level in 2006 and 2009, this paper examines the impact of Equity Bank -- a leading private commercial bank focusing on microfinance -- on access to banking in Kenya. ... See More +

Policy Research Working Paper WPS6593 SEP 01, 2013

Allen, Franklin; Carletti, Elena; Cull, Robert; Qian, Jun; Senbet, Lemma; Valenzuela, Patricio

Deposit insurance and financial development (English)

The authors examine the effect of different design features of deposit insurance, on long-run financial development, defined to include the level of financial activity, the stability of the banking sector, and the quality of resource allocation. ... See More +

Policy Research Working Paper WPS2682 SEP 30, 2001

Cull, Robert; Senbet, Lemma W.; Sorge, Marco

Empirical perspectives on national index funds (English)

Closed-end national index funds (NIFs of country funds) invest primarily in the stocks of the originating countries, such as Brazil, India, and the Republic of Korea. ... See More +

Policy Research Working Paper WPS1206 OCT 31, 1993

Diwan, Ishac; Errunza, Vihang; Senbet, Lemma W.

The pricing of country funds and their role in capital mobilization for emerging economies (English)

The authors theoretically analyze country funds, focusing on emerging economies in which capital markets are not readily accessible to outside investors. ... See More +

Policy Research Working Paper WPS1058 DEC 31, 1992

Diwan, Ishac; Errunza, Vihang; Senbet, Lemma W.