Buehren, Niklas; Goldstein, Markus P.; Klapper, Leora; … - 2018
Working with a private bank in Ghana, this study examines the impacts of a commitment savings product designed to help … clients taking repeated overdrafts break their debt cycles. Overall, the product significantly increased savings with the bank … without increasing overdrafts. However, after accounting for other sources of savings, the study finds that clients with above …