<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1870-6622</journal-id>
<journal-title><![CDATA[EconoQuantum]]></journal-title>
<abbrev-journal-title><![CDATA[EconoQuantum]]></abbrev-journal-title>
<issn>1870-6622</issn>
<publisher>
<publisher-name><![CDATA[Universidad de Guadalajara]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1870-66222015000200007</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Un análisis numérico de inclusión financiera y pobreza]]></article-title>
<article-title xml:lang="en"><![CDATA[A numerical analysis of financial inclusion and poverty]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Guízar]]></surname>
<given-names><![CDATA[Isaí]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[González-Vega]]></surname>
<given-names><![CDATA[Claudio]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Miranda]]></surname>
<given-names><![CDATA[Mario J.]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Instituto Tecnológico y de Estudios Superiores de Monterrey  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,The Ohio State University Departamento de Economía Agrícola, Ambiental y del Desarrollo ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>USA</country>
</aff>
<aff id="Af3">
<institution><![CDATA[,The Ohio State University Departamento de Economía Agrícola, Ambiental y del Desarrollo ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>USA</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2015</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2015</year>
</pub-date>
<volume>12</volume>
<numero>2</numero>
<fpage>7</fpage>
<lpage>24</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1870-66222015000200007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1870-66222015000200007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1870-66222015000200007&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen La inclusión financiera per se no es capaz de aliviar la pobreza, pero servicios financieros (crédito y depósitos) eficientes facilitan la adopción de tecnologías de producción avanzadas, que generan mayores ingresos esperados. Proponemos y resolvemos modelos dinámicos, estocásticos, de horizonte infinito, que muestran que la inclusión en el mercado de depósitos (o de crédito) no garantiza mayores ingresos entre las poblaciones más pobres. Identificamos niveles iniciales de riqueza (umbrales de consumo) donde los hogares no demandan depósitos (o no disminuyen sus niveles de endeudamiento). La ausencia de demanda de servicios de depósito (o el uso del crédito sólo para estabilizar consumo) impide que la inclusión financiera impacte los ingresos del hogar. Cuando el umbral de consumo es rebasado, la riqueza del hogar todavía debe aumentar hasta alcanzar el umbral adopción. Durante esta transición, los servicios financieros son una herramienta de administración de riesgo. Cuando el nivel de riqueza es suficientemente alto, en el umbral de adopción, el depósito acumulado (o el crédito) es utilizado para invertir en tecnologías más avanzadas. Esto tiene implicaciones en el diseño de políticas de inclusión financiera para diferentes poblaciones meta. La inclusión financiera es necesaria, pero no suficiente, para el alivio de la pobreza.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract Per se, financial inclusion cannot alleviate poverty, but efficient financial services (credit and deposits) facilitate the adoption of advanced production technologies, which generate higher expected incomes. We develop and solve dynamic, stochastic, infinite-horizon models that show that inclusion in the market for deposits (or loans) does not guarantee higher incomes for the poorest. We identify initial wealth levels (consumption thresholds), where households do not demand deposits (or do not reduce their indebtedness). Absence of demand for deposit facilities (or the use of credit for consumption smoothing only) does not allow financial inclusion to impact household incomes. Once the consumption threshold is reached, household wealth must still increase to reach the adoption threshold. During this transition, financial services are a tool for risk management. With enough wealth, at the adoption threshold, the accumulated deposit (or loan) is used for investment in advanced production technologies. This has implications for the design of financial inclusion policies for different target populations. Financial inclusion is necessary, but not sufficient, for poverty alleviation.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Inclusión Financiera]]></kwd>
<kwd lng="es"><![CDATA[Crédito]]></kwd>
<kwd lng="es"><![CDATA[Depósitos]]></kwd>
<kwd lng="es"><![CDATA[Pobreza]]></kwd>
<kwd lng="es"><![CDATA[Adopción Tecnológica]]></kwd>
<kwd lng="en"><![CDATA[Financial Inclusion]]></kwd>
<kwd lng="en"><![CDATA[Credit]]></kwd>
<kwd lng="en"><![CDATA[Deposits]]></kwd>
<kwd lng="en"><![CDATA[Poverty]]></kwd>
<kwd lng="en"><![CDATA[Technology Adoption]]></kwd>
</kwd-group>
</article-meta>
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