Financial Inclusion Strategies Conjoint

Slum dwellers continue to face exclusion from mainstream social, economic, and financial activities because of their lack of education and low income, leaving them vulnerable to income shocks and persistent poverty. The absence of empowerment compounds challenges and highlights the urgent need to address their financial inclusion. Designing an inclusive deposit product is imperative to ensure the financial inclusion of slum dwellers. We conducted a randomized conjoint experiment gathering 2500 choice responses from 250 respondents in slum households in Khulna, an industrial city in Bangladesh. Our study estimates the influence of each attribute on slum dwellers’ choice of deposit products, measures willingness to pay for the proposed inclusive deposit product, identifies heterogeneity in their preferences, and examines the impact of financial literacy on their preferences. Our hypothetical financial inclusion product provides valuable insights for policymakers when formulating comprehensive policies to ensure the financial inclusion of slum dwellers.

由于受教育程度不足与收入水平低下，贫民窟居民始终被排斥在主流社会、经济与金融活动之外，使其极易遭受收入冲击并陷入长期贫困。赋权缺失进一步加剧了各类挑战，凸显了推进其金融包容性（financial inclusion）的紧迫性。设计普惠型储蓄产品，是保障贫民窟居民实现金融包容性的必要举措。我们在孟加拉国工业城市库尔纳（Khulna）的贫民窟家庭群体中开展了一项随机联合实验，共收集到250名受访者的2500份选择类问卷应答数据。本研究评估了各属性对贫民窟居民储蓄产品选择的影响，测算其对拟议普惠型储蓄产品的支付意愿，识别其偏好的异质性，并检验了金融素养对其偏好的作用效应。本研究中的假设性金融包容性产品，可为政策制定者制定保障贫民窟居民金融包容性的综合政策提供极具价值的参考依据。