Abstract Access to financial services promotes investment and facilitates consumption smoothing by enhancing resource mobilization. Over 60 percent of Burkinabe adults are excluded from financial services by banks and other nonbank financial institutions, so mobile money is expected to bridge this gap. Accounting for the importance of financial inclusion with the rapid prevalence of mobile money, this paper assesses the effects of financial inclusion and mobile money use on an individual's nonmonetary welfare in Burkina Faso by applying matching methods. The results confirm the significant role of financial inclusion in alleviating poverty. More importantly, our analysis shows that once individuals access financial services through mobile money, such favorable effects on poverty alleviation become more substantial. Financial regulators in Burkina Faso should promote financial inclusion with mobile money to ensure the efficient enhancement of individual welfare with poverty reduction.

中文翻译：

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普惠金融、移动货币和个人福利：以布基纳法索为例

摘要 获得金融服务通过加强资源动员促进投资并促进消费平滑。超过 60% 的布基纳法索成年人被银行和其他非银行金融机构排除在金融服务之外，因此移动货币有望弥合这一差距。考虑到普惠金融的重要性以及移动货币的迅速普及，本文通过应用匹配方法评估了普惠金融和移动货币使用对布基纳法索个人非货币福利的影响。结果证实了普惠金融在减轻贫困方面的重要作用。更重要的是，我们的分析表明，一旦个人通过移动货币获得金融服务，这种对扶贫的有利影响就会更加显着。