Financial innovation and additionality: The power of economic analysis and data analytics

As public and private financial institutions innovate and expand the range of financFinancial Educationial products that households and firms use, questions about how these services are affecting consumers, providers, and the economy as a whole have become central. A new policy brief by Abraham, Schmukler, and Tessada explores how evaluating the “additionality” of financial services can help answer such questions.

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