TITLE

Youth in developing countries prove receptive to saving

PUB. DATE
November 2013
SOURCE
Journal of Business (10756124);11/7/2013, Vol. 28 Issue 23, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the study YouthSave related to default on credit cards conducted by the W. P. Carey School of Business, located at Arizona State University in Phoenix and the Federal Reserve Bank of Richmond, Virginia. According to the study young credit card users default less compared to middle age borrowers. Services including financial education, account enrollment, and depository services offered by financial institutions in schools in Ghana, Nepal, and Kenya are also discussed.
ACCESSION #
91946828

 

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