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evaluating their effectiveness. We conduct two randomized field experiments among low-income micro-entrepreneurs in Chile. The … increase savings, they are unavailable to the millions of people worldwide who not have a formal wage bill. Self-help peer … first experiment finds that self-help peer groups are very potent at increasing savings. In contrast, a more classical …
Persistent link: https://www.econbiz.de/10009530133
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We test the effectiveness of self-help peer groups as a commitment device for precautionary savings, through two … randomized field experiments among 2,687 microentrepreneurs in Chile. The first experiment finds that self-help peer groups are a … powerful tool to increase savings (the number of deposits grows 3.5-fold and the average savings balance almost doubles …
Persistent link: https://www.econbiz.de/10013099420
We test the effectiveness of self-help peer groups as a commitment device for precautionary savings, through two … randomized field experiments among 2,687 microentrepreneurs in Chile. The first experiment finds that self-help peer groups are a … powerful tool to increase savings (the number of deposits grows 3.5-fold and the average savings balance almost doubles …
Persistent link: https://www.econbiz.de/10012460243
evaluating their effectiveness. We conduct two randomized field experiments among low-income micro-entrepreneurs in Chile. The … increase savings, they are unavailable to the millions of people worldwide who not have a formal wage bill. Self-help peer … first experiment finds that self-help peer groups are very potent at increasing savings. In contrast, a more classical …
Persistent link: https://www.econbiz.de/10013110869
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