Banking the Unbanked? Evidence from Three Countries

We experimentally test the impact of expanding access to basic bank accounts in Uganda, Malawi, and Chile. Over two years, 17%, 10%, and 3% of treatment individuals made five or more deposits, respectively. Average monthly deposits for them were at the 79th, 91st, and 96th percentiles of baseline savings. Survey data show no clearly discernible intention-to-treat effects on savings or any downstream outcomes. This suggests that policies merely focused on expanding access to basic accounts are unlikely to improve welfare noticeably since impacts, even if present, are likely small and diverse


Issue Date:
2016-07
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/242442
Total Pages:
54
JEL Codes:
C93; D14; G21; O12; O16
Series Statement:
Economic Growth Center Discussion Paper
1055




 Record created 2017-04-01, last modified 2017-08-29

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)