Financial Inclusion, Shocks, and Poverty
利用坦桑尼亚2010-2012年移动货币代理网络的快速扩张，结合降雨量变化带来的冲击，研究发现采用移动货币的家庭能在冲击期间平滑消费并维持人力资本投资，对理解金融包容性如何缓解贫困代际传递有参考价值。
We estimate the effect of mobile money adoption on consumption smoothing, poverty, and human capital investments in Tanzania. We exploit the rapid expansion of the mobile money agent network between 2010 and 2012 and use this together with idiosyncratic shocks from variation in rainfall over time and across space in a difference-in-difference framework. We find that adopter households are able to smooth consumption during periods of shocks and maintain their investments in human capital. Results on time use of children and labor force participation complement the findings on the important role of mobile money for the intergenerational transmission of poverty.