Impact of financial inclusion on household welfare in Ethiopia

Future Business Journal

Table 2 Conditional expectation and treatment effect.

Subsamples	Decision stage		Treatment effect
Subsamples	Financial access	No financial access	Treatment effect
Households who got the finance	\({E({y}_{i1}\|{f}_{i}=1)}\)^a	\({E({y}_{01}\|{f}_{i}=1)}\)^b	ATT
households who didn't get finance	\({E({y}_{i1}\|{f}_{i}=0)}\)^c	\({E({y}_{i0}\|{f}_{i}=0)}\)^d	ATU
Heterogeneous effect	\({\varnothing H}_{1}\)	\({\varnothing H}_{0}\)	ATH

^aRepresents the conditional expectation of households who get access to finance (observed)
^bRepresents the conditional expectation of households who get access to finance if they did not get finance (counterfactual)
^cIt represents the conditional expectation of household who did not get access to finance if they did get finance (counterfactual)
^dRepresents the conditional expectation of households who did not get access to finance (observed)