20. Who Holds Credit Cards and Bank Accounts in Uruguay? Evidence from Survey of Uruguayan Households Finances

2016
OriginalPaper
Chapter

Published in:

Authors: Graciela Sanroman; Guillermo Santos
Published in: The Book of Payments
Publisher: Palgrave Macmillan UK

Read first chapter Log in

Activate our intelligent search to find suitable subject content or patents.

search-config

AI-assisted search

Off

Abstract

In this chapter we use data available from the first stage of Survey of Uruguayan Households Finance (SUHF1) and ECH 2012 to analyze access to financial services such as credit cards and bank accounts. We estimate univariate and bivariate probit models for bank account and credit cards holdings. Evidence indicates that households’ income, education level and working status are the main determinants of the probability of holding credit cards and bank accounts in Uruguay. In addition, we perform a counterfactual exercise which allows us to predict the effect of making the payment of salaries through the financial system compulsory. Our prediction is that bank account and credit card holdings would increase at around 6 and 4 percentage points, respectively.

Please log in to get access to your license.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Business + Economics & Engineering + Technology"

Online-Abonnement

Springer Professional "Business + Economics & Engineering + Technology" gives you access to:

more than 102.000 books
more than 537 journals

from the following subject areas:

Automotive
Construction + Real Estate
Business IT + Informatics
Electrical Engineering + Electronics
Energy + Sustainability
Finance + Banking
Management + Leadership
Marketing + Sales
Mechanical Engineering + Materials
Insurance + Risk

Secure your knowledge advantage now!

inform now

Springer Professional "Business + Economics"

Online-Abonnement

Springer Professional "Business + Economics" gives you access to:

more than 67.000 books
more than 340 journals

from the following specialised fileds:

Construction + Real Estate
Business IT + Informatics
Finance + Banking
Management + Leadership
Marketing + Sales
Insurance + Risk

Secure your knowledge advantage now!

inform now

previous chapter The Russian Payments Scheme: Politics, Innovation and the Cash Problem

next chapter Mobile Banking in Africa: The Current State of Play

Metadata
Footnotes
Literature

Title: Who Holds Credit Cards and Bank Accounts in Uruguay? Evidence from Survey of Uruguayan Households Finances
Authors: Graciela Sanroman
Guillermo Santos
Publisher: Palgrave Macmillan UK
Book: The Book of Payments
Print ISBN: 978-1-137-60230-5

Electronic ISBN: 978-1-137-60231-2

Copyright Year: 2016
DOI: https://doi.org/10.1057/978-1-137-60231-2_20

This content is only visible if you are logged in and have the appropriate permissions.