Cornell University
Library
Cornell UniversityLibrary

eCommons

Help
Log In(current)
  1. Home
  2. Cornell University Graduate School
  3. Cornell Theses and Dissertations
  4. THE ROLE OF CREDIT UNIONS IN FINANCIAL INCLUSION: A NUDGING INTERVENTION EVALUATION

THE ROLE OF CREDIT UNIONS IN FINANCIAL INCLUSION: A NUDGING INTERVENTION EVALUATION

File(s)
LopezBenavides_cornell_0058O_11977.pdf (1.33 MB)
Permanent Link(s)
http://doi.org/10.7298/3yd3-kp36
https://hdl.handle.net/1813/115653
Collections
Cornell Theses and Dissertations
Author
Lopez Benavides, Erica
Abstract

In 2012, the US government introduced a series of policy measures, including the NCUA nudge intervention, as part of an economic relief package. The NCUA sent out 1,003 letters to credit unions, informing them of their eligibility for the low-income designation. As a result of this initiative, the number of low-income credit unions skyrocketed by 69% in 2012. To determine if this nudge intervention could redirect credit unions’ strategic choices, resulting in a positive relationship concerning credit offers and prices for low-income members in the United States, we conducted a thorough analysis of credit union panel data between 2000 and 2019, using difference-in-differences and event study techniques. Our findings indicated a positive influence between the NCUA’s "Nudge Intervention" and the expansion of financial inclusion by the credit unions that responded to the incentive.

Description
71 pages
Date Issued
2023-12
Keywords
Credit Unions
•
Difference in Difference
•
Event Studies
•
Financial Inclusion
•
NCUA
•
Nudge Interventions
Committee Chair
Wolfolds, Sarah
Committee Member
Bogan, Vicki
Degree Discipline
Applied Economics and Management
Degree Name
M.S., Applied Economics and Management
Degree Level
Master of Science
Type
dissertation or thesis
Link(s) to Catalog Record
https://newcatalog.library.cornell.edu/catalog/16454790

Site Statistics | Help

About eCommons | Policies | Terms of use | Contact Us

copyright © 2002-2026 Cornell University Library | Privacy | Web Accessibility Assistance