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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 … tool to encourage savings. …
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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 … tool to encourage savings. -- savings ; commitment device ; peer pressure ; field experiment …
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This paper compares the saving behavior of formal and informal workers and additionally provides a socioeconomic and financial characterization of informal workers in Chile. The paper uses the Financial Household Survey conducted by the Central Bank of Chile in 2007, 2008, 2009 and 2010, which...
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reducing barriers to saving through access to free savings accounts decreases participants' short-term debt by about 20%. In …-being improves significantly. Precautionary savings and credit therefore act as substitutes in providing self-insurance, and … participants prefer borrowing less when a free formal savings account is available. Take-up patterns suggest that requests by …
Persistent link: https://www.econbiz.de/10013052478
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 … tool to encourage savings …
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