ArticleSSM - population health2020
The impact of financial inclusion on mental health.
Article in SSM - population health, 2020. The graph could read no effect estimate from its abstract, so it casts no vote on the map. An erratum has been issued. Cited by 15 papers.
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Who cites it
15 citing papers in PubMed.
- How does digital financial inclusion affect the health of older adults? Evidence from China.SSM - population health · 2026Article
- Health-related quality of life and financial inclusion in Ghana's Savannah region: examining the moderating role of health literacy.Preventive medicine reports · 2026Article
- Formal and informal financial inclusion and its impact on health: empirical evidence from South Africa.Health economics review · 2026Article
- Multidimensional determinants of food insecurity among households in Somalia: evidence from the 2018/2019 Somalia health and demographic survey.Frontiers in nutrition · 2026Article
- Review
- Article
- Mitigating role of financial inclusion on the perceived difficulties, concerns, and borrowing for medical expenses in Saudi Arabia.Cost effectiveness and resource allocation : C/E · 2024Article
- Nigeria mental health law: Challenges and implications for mental health services.The South African journal of psychiatry : SAJP : the journal of the Society of Psychiatrists of South Africa · 2024Review
- The road to recovery: Financial resilience and mental health in post-apartheid South Africa.SSM - population health · 2023Article
- Heterogeneity Influence of Financial Digitalization and Inclusion on Employees' Psychological States.Behavioral sciences (Basel, Switzerland) · 2023Article
- Women's empowerment, maternal depression, and stress: Evidence from rural Burkina Faso.SSM. Mental health · 2022Article
- Is Financial Capability a Determinant of Health? Theory and Evidence.Journal of family and economic issues · 2022Article
- Financial Inclusion and Its Impact on Health: Empirical Evidence From Asia.Frontiers in public health · 2022Article
- Does Financial Technology Improve Health in Asian Economies?Frontiers in public health · 2022Article
- Effects of Financial Inclusion on Access to Emergency Funds for Healthcare in the Kingdom of Saudi Arabia.Journal of multidisciplinary healthcare · 2020Article
Corrections and comments
- Erratum issued
Authors and funding
3 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
This paper examines the impact of financial inclusion on the mental health of heads of household in Nigeria. The study employed data from the 2015/2016 Nigerian General Household Survey (GHS), matched with georeferenced data concerning financial services obtained from the Insight2Impact (i2i) GIS interface. The results indicate that financial inclusion has a strong positive impact on mental health. The study used a robust instrumental variable method, in which a household's distance from the nearest financial institution was used as the instrument for financial inclusion. In addition, it identified the potential channels through which financial inclusion can influence mental health, including: (1) food expenditure; (2) remittances; and (3) risk-coping mechanisms. The findings of this study reinforce growing evidence for the benefits of financial inclusion for alleviating depression symptoms.
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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.