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A New Financial Instrument for Thai Urban Poor: A Case Study in Bangkok Metropolitan Area

NIDA Economic Review Journal

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Title A New Financial Instrument for Thai Urban Poor: A Case Study in Bangkok Metropolitan Area
 
Creator Vora-Sittha, Pornpen
 
Description This study surveys the behavior of the urban poor in savings and in buyinglotteries. It aims to analyze the possibility of replacing lotteries with lottery- linkedsaving instruments issued by banks in order to boost the long term savings of thelow-income group. Data used in this study are from preliminary survey of 4,000observed poor in Bangkok. Results of the survey confi rm that lottery is the mostpopular fi nancial investment among the Thai poor in Bangkok since their face oflimited investment alternatives. Their behaviors in terms of their buying lotteryindicate the promptness of the poor in responding to the program of mobilizingtheir lottery-money to long term savings.
 
Publisher Development Economic Review (พัฒนาการเศรษฐกิจปริทรรศน์)
 
Date 2012-07-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier //tci-thaijo.org/index.php/NER/article/view/22713
 
Source Development Economic Review (พัฒนาการเศรษฐกิจปริทรรศน์); Vol 6 No 2 (2555): NIDA Economic Review Journal; 23
1906-2540
 
Language eng
 
Relation //tci-thaijo.org/index.php/NER/article/view/22713/19414
 
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