The Impact of Commitment Savings Accounts : The Case of Malawi

In order to understand the impact of facilitating access to savings accounts and to examine the importance of these barriers for formal savings, author designed a field experiment among smallholder cash crop farmers in Malawi. In partnership with a...

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Bibliographic Details
Main Author:	Gine, Xavier
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCESS TO SAVINGS ACCOUNT HOLDERS AGRICULTURAL ACTIVITIES AGRICULTURAL INPUTS AGRICULTURAL PRODUCTIVITY AVAILABILITY OF CREDIT BANK ACCOUNT BANK POLICY DEPOSIT DEPOSITS DIRECT DEPOSIT DURABLE DURABLE ASSETS EXPENDITURES FARMERS FINANCIAL INSTITUTIONS FIRE HOLDING ILLITERACY INCOME INCOMES INVESTING LACK OF KNOWLEDGE LENDERS LIQUIDITY LIQUIDITY CONSTRAINTS LOAN LOW-INCOME COUNTRIES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS OUTPUT RETURNS RURAL COMMUNITIES SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SMALLHOLDER FARMERS TRANSACTION TRANSACTION COSTS
Online Access:	http://documents.worldbank.org/curated/en/2011/08/14928205/impact-commitment-savings-accounts-case-malawi http://hdl.handle.net/10986/10081

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recordtype	oai_dc
spelling	okr-10986-100812021-04-23T14:02:48Z The Impact of Commitment Savings Accounts : The Case of Malawi Gine, Xavier ACCESS TO SAVINGS ACCOUNT HOLDERS AGRICULTURAL ACTIVITIES AGRICULTURAL INPUTS AGRICULTURAL PRODUCTIVITY AVAILABILITY OF CREDIT BANK ACCOUNT BANK POLICY DEPOSIT DEPOSITS DIRECT DEPOSIT DURABLE DURABLE ASSETS EXPENDITURES FARMERS FINANCIAL INSTITUTIONS FIRE HOLDING ILLITERACY INCOME INCOMES INVESTING LACK OF KNOWLEDGE LENDERS LIQUIDITY LIQUIDITY CONSTRAINTS LOAN LOW-INCOME COUNTRIES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS OUTPUT RETURNS RURAL COMMUNITIES SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SMALLHOLDER FARMERS TRANSACTION TRANSACTION COSTS In order to understand the impact of facilitating access to savings accounts and to examine the importance of these barriers for formal savings, author designed a field experiment among smallholder cash crop farmers in Malawi. In partnership with a local microfinance institution, author randomized offers of account-opening and deposit assistance for formal savings accounts. In order to test the importance of individual self-control problems or pressure to share resources with others in the social network, treated farmers were randomly assigned to one of two types of savings interventions. The first group was offered an 'ordinary' bank account with standard features. The second group was offered the ordinary account as well as a 'commitment' savings account. 2012-08-13T10:21:56Z 2012-08-13T10:21:56Z 2011-08 http://documents.worldbank.org/curated/en/2011/08/14928205/impact-commitment-savings-accounts-case-malawi http://hdl.handle.net/10986/10081 English Finance & PSD Impact; No. 15 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa Malawi
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCESS TO SAVINGS ACCOUNT HOLDERS AGRICULTURAL ACTIVITIES AGRICULTURAL INPUTS AGRICULTURAL PRODUCTIVITY AVAILABILITY OF CREDIT BANK ACCOUNT BANK POLICY DEPOSIT DEPOSITS DIRECT DEPOSIT DURABLE DURABLE ASSETS EXPENDITURES FARMERS FINANCIAL INSTITUTIONS FIRE HOLDING ILLITERACY INCOME INCOMES INVESTING LACK OF KNOWLEDGE LENDERS LIQUIDITY LIQUIDITY CONSTRAINTS LOAN LOW-INCOME COUNTRIES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS OUTPUT RETURNS RURAL COMMUNITIES SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SMALLHOLDER FARMERS TRANSACTION TRANSACTION COSTS
spellingShingle	ACCESS TO SAVINGS ACCOUNT HOLDERS AGRICULTURAL ACTIVITIES AGRICULTURAL INPUTS AGRICULTURAL PRODUCTIVITY AVAILABILITY OF CREDIT BANK ACCOUNT BANK POLICY DEPOSIT DEPOSITS DIRECT DEPOSIT DURABLE DURABLE ASSETS EXPENDITURES FARMERS FINANCIAL INSTITUTIONS FIRE HOLDING ILLITERACY INCOME INCOMES INVESTING LACK OF KNOWLEDGE LENDERS LIQUIDITY LIQUIDITY CONSTRAINTS LOAN LOW-INCOME COUNTRIES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS OUTPUT RETURNS RURAL COMMUNITIES SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SMALLHOLDER FARMERS TRANSACTION TRANSACTION COSTS Gine, Xavier The Impact of Commitment Savings Accounts : The Case of Malawi
geographic_facet	Africa Malawi
relation	Finance & PSD Impact; No. 15
description	In order to understand the impact of facilitating access to savings accounts and to examine the importance of these barriers for formal savings, author designed a field experiment among smallholder cash crop farmers in Malawi. In partnership with a local microfinance institution, author randomized offers of account-opening and deposit assistance for formal savings accounts. In order to test the importance of individual self-control problems or pressure to share resources with others in the social network, treated farmers were randomly assigned to one of two types of savings interventions. The first group was offered an 'ordinary' bank account with standard features. The second group was offered the ordinary account as well as a 'commitment' savings account.
format	Publications & Research :: Brief
author	Gine, Xavier
author_facet	Gine, Xavier
author_sort	Gine, Xavier
title	The Impact of Commitment Savings Accounts : The Case of Malawi
title_short	The Impact of Commitment Savings Accounts : The Case of Malawi
title_full	The Impact of Commitment Savings Accounts : The Case of Malawi
title_fullStr	The Impact of Commitment Savings Accounts : The Case of Malawi
title_full_unstemmed	The Impact of Commitment Savings Accounts : The Case of Malawi
title_sort	impact of commitment savings accounts : the case of malawi
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2011/08/14928205/impact-commitment-savings-accounts-case-malawi http://hdl.handle.net/10986/10081
_version_	1764411756317245440

The Impact of Commitment Savings Accounts : The Case of Malawi

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