(Universidad Icesi, 2016-01-01) Rodríguez Raga, Santiago; Riaño Rodríguez, Felix Francisco
There is evidence to establish a positive relation between access to financial products, wealth and quality
of life of households, especially among low income households. The following paper seeks to understand
what determines access to different financial products among Colombian households. The study
uses an econometric model based on the information contained in the Colombian Longitudinal Survey
(ELCA) of the Universidad de los Andes. As a conclusion, it finds that the main determinants of access to
financial products among Colombian households are the level of income or wealth, education and stable
employment.
