@unpublished{Asongu_458,
author = {Jacinta Nwachukwu C Simplice A. Asongu},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/At-What-Levels-of-Financial-Development-Does-Information-Sharing-Matter.pdf},
year = {2017},
date = {2017-06-03},
abstract = {The purpose of this study is to investigate how increasing information sharing bureaus affect financial access. For this reason, we have employed contemporary and non-contemporary interactive Quantile Regressions in 53 African countries for the period 2004-2011. Information sharing bureaus are proxied with public credit registries and private credit offices. Financial development dynamics involving depth (at overall economic and financial system levels), efficiency (at banking and financial system levels), activity (from banking and financial system perspectives) and size are used. Two key findings are established. First, the effect of increasing private credit bureaus is not clearly noticeable on financial access, probably because private credit agencies are still to be established in many countries. Second, increasing public credit registries improves financial allocation efficiency and activity (or credit) between the 25th and 75th quartiles for the most part. As a main policy implication, countries in the top (or highest levels of financial development) and bottom (or lowest levels of financial development) ends of the financial efficiency and activity distributions are unlikely to benefit from enhanced financial allocation efficiency owing to increasing public credit registries.},
keywords = {Information Sharing; Financial Development; Quantile regression},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu_473,
author = {John Anyanwu & Vanessa Tchamyou C S Simplice A. Asongu},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Technology.driven.information.sharing.and.conditional.financial.development.pdf},
year = {2017},
date = {2017-04-13},
abstract = {Information technology is increasingly facilitating mechanisms by which information asymmetry between lenders and borrowers in the financial sector can be reduced in order to enhance financial access for human and economic development in developing countries. We examine conditional financial development from ICT-driven information sharing in 53 African countries for the period 2004-2011, using contemporary and non-contemporary quantile regressions. ICT is measured with mobile phone penetration and internet penetration whereas information sharing offices are public credit registries and private credit bureaus. The following findings are established. First, there are positive effects with positive thresholds from ICT-driven information sharing on financial depth (money supply and liquid liabilities) and financial activity (at banking and financial system levels). Second, for financial intermediation efficiency, the positive effects from mobile-driven information sharing are apparent exclusively in certain levels of financial efficiency. Third, with regard to financial size, mobile-driven information sharing is positive with a negative threshold, whereas, internet-driven information sharing is positive exclusively among countries in the bottom half of financial size. Positive thresholds are defined as decreasing negative or increasing positive estimated effects from information sharing offices and vice-versa for negative thresholds. Policy implications are discussed.},
keywords = {Information Sharing; Financial Development; Quantile regression},
pubstate = {published},
tppubtype = {unpublished}
}