Thinking Inside the Box: A Closer Look at Financial Inclusion and Household Income

<p>Using national representative household finance survey data covering more than 6200 Chinese households, we first construct a new multidimensional indicator for financial inclusion. Then we examine the effect of financial inclusion on household income. Our results elicit several findings. First, financial inclusion has a strong positive effect on household income. This effect can be found across all households with different levels of income. Second, low-income households are found to benefit more from financial inclusion than high and mid-level income ones. We argue that, in this sense, financial inclusion helps reduce income inequality.</p

Emotional well-being, before and after surgery.

<p>Source: The authors.</p

Changes in patient measures of autonomy, per cent.

<p>Changes in patient measures of autonomy, per cent.</p

Patient and carer self-assessed mental health before and after surgery.

<p>Source: The authors.</p

Patient and carer self-assessed life-satisfaction before and after.

<p>Source: The authors.</p