Abstract

GONZALEZ NUNEZ, José Carlos  and  VARGAS CHANES, Delfino. Measurement of Financial Marginalization in Mexico: A Latent Class Approach. Econ: teor. práct [online]. 2019, n.51, pp.135-163.  Epub Oct 29, 2019. ISSN 2448-7481.  https://doi.org/10.24275/etypuam/ne/512019/gonzalez.

The measurement of financial marginalization is discussed in political circles, academics and private and organizations public, in order to implement public policies for the development of an inclusive and solvent financial system. The objective of this paper is to construct an index of financial marginalization based on four dimensions: savings (formal and informal), credit (formal and informal), insurance and use of financial channels, backed by data from the 2012 National Financial Inclusion Survey (ENIF , Spanish initials). Factorial analysis is used to construct the index, and analysis of latent classes is done to identify explanatory covariates and the formation of latent financially marginalized classes.

Keywords : financial marginalization; measurement; latent classes; factor analysis.