Figure 1 - uploaded by Ashish Sedai
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Panel (a): Correlation between the Chest Exposure Index and the Amount of Digital Financial Transactions (log-transformed), trimmed at 1%. The scatterplot presents individual data points along with a fitted trend line and 95% confidence intervals (shaded). The negative slope indicates a moderate negative correlation with a coefficient of -0.30, suggesting that higher chest exposure is associated with lower digital financial transaction volumes. Panel (b): Distribution of the Chest Exposure Index (blue) and the Normalized Amount of Digital Financial Transactions (orange). The normalized transaction amounts are scaled between 0 and 1 for comparability. Both variables are displayed using 30 bins, and the distinct shapes of the distributions indicate that the Chest Exposure Index is concentrated at lower values, while the digital financial transactions are more widely spread.
Source publication
This study examines how digital financial services (DFS) drive labor reallocation in India, leveraging nationally representative data and a two-stage least squares approach. For men, DFS facilitates a shift from agricultural self-employment to formal wage employment. For women, it reduces unpaid labor, promoting entry into formal work and increasin...
