Somville, Vincent; Vandewalle, Lore - 2016
Worldwide, people are gaining access to a formal bank account, which allows account-based instead of cash payments … behavior. In rural India, we study the effect on savings of allocating identical weekly payments on a bank account (treated) or …-lasting. Villagers paid in cash do not save more in other assets, but increase consumption. Therefore, we infer that being paid on a bank …
