01953cas a2200277 a 4500 AALejournalIMF015396 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513506692 1018-5941 BD-DhAAL BD-DhAAL Carlson, Stacy. Household Financial Access and Risk Sharing in Nigeria / Stacy Carlson, Era Dabla-Norris, Mika Saito, Yu Shi. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We examine the role of household financial access in determining the extent of risksharing in Nigeria using household-level panel data. We estimate changes in the response of consumption to shocks for households with formal and informal access to finance and those without, both for the country as a whole and for different regions. Our findings suggest that households with financial access who experience an unexpected negative income shock see consumption fall by 15 percentage points less than those without access. This result is mainly driven by households with informal financial access, and by household savings rather than borrowing. Regional variation in risk sharing tends to be significant, suggesting that financial inclusion efforts going forward should have a more regional focus. Mode of access: Internet Dabla-Norris, Era. Saito, Mika. Shi, Yu. IMF Working Papers; Working Paper ; No. 2015/169 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/169/001.2015.issue-169-en.xml IMF e-Library