IMF-移动货币、对现金的感知和金融包容性：从乌干达微观层面的数据中学习（英）-2023.11_市场.docx

MobileMoney,PerceptionaboutCash,andFinancialInclusion

LearningfromUganda’sMicro-LevelData

FélixF.Simione,TaraMuehlschlegelWP/23/238

IMFWorkingPapersdescriberesearchinprogressbytheauthor(s)andarepublishedtoelicitcommentsandtoencouragedebate.

TheviewsexpressedinIMFWorkingPapersarethoseoftheauthor(s)anddonotnecessarilyrepresenttheviewsoftheIMF,itsExecutiveBoard,orIMFmanagement.

2023

NOV

?2023InternationalMonetaryFund WP/23/238

IMFWorkingPaper

AfricanDepartment

MobileMoney,PerceptionaboutCash,andFinancialInclusion:

LearningfromUganda’sMicro-LevelData

PreparedbyFélixF.Simione,TaraMuehlschlegel*

AuthorizedfordistributionbyPabloLopezMurphyNovember2023

IMFWorkingPapers

IMFWorkingPapersdescriberesearchinprogressbytheauthor(s)andarepublishedtoelicitcommentsandtoencouragedebate.TheviewsexpressedinIMFWorkingPapersarethoseoftheauthor(s)anddonotnecessarilyrepresenttheviewsoftheIMF,itsExecutiveBoard,orIMFmanagement.

ABSTRACT:WillmobilemoneyrendercashlessdominantovertimeinAfrica?Canitpromotefinancialinclusion?Weshedlightonthesequestionsbyexploringindividual-levelandnationallyrepresentativesurveydataforUganda,acountryinaregionthatpioneeredmobilemoneyintheworld.WeusethePropensityScoreMatchingmethodtorobustlycomparemobilemoneyusersandnon-usersacrossarangeofindicatorsthatcaptureindividuals’perceptionsaboutcash,andtheextenttowhichtheyremit,save,andborrowmoney.Wepresentthefirstevidencethatmobilemoneyusers,comparedtonon-users,aremorelikelytoperceivecashasriskyandlesslikelytoprefercarryinglargeamountsofcash.Wealsoconfirmthatmobilemoneyusersaremorelikelytoreceiveandsendremittances,save,andborrow.Theyalsosaveandborrowlargeramounts.

JELClassificationNumbers: O1;O3

Keywords: DevelopingCountry;Innova