High Hopes
Experimental Evidence on Financial Inclusion and the Transition to High School in Kenya
Bibliographic Data
| ID | 3129140 |
|---|---|
| Authors | James Habyarimana (0000-0001-8146-5368, Georgetown University), William Jack (Georgetown University) |
| Year | 2024 |
| Volume | 72 |
| Issue | 3 |
| Pages | 1189-1212 |
| Publication date | 2024-04-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economic Development and Cultural Change (JOURNAL) |
| Journal identifiers | ISSN: 0013-0079 • E-ISSN: 1539-2988 |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/723068 |
| OpenAlex | W4308024866 |
| Language | EN |
| Citations received | 2 |
| References cited | 26 |
We report results of a randomized controlled trial in which parents of final-year primary school students were encouraged to open a mobile phone–based bank account. Being offered access to the account induced a 5–6 percentage point increase in the probability of transitioning to high school, or a nearly 40% increase among compliers. This impact is driven in part by changes in financial behavior—parents save and/or borrow more and accumulate resources consistent with the observed increase in enrollment. Behavioral attention constraints do not appear to bind, as reminder text messages had no discernible impacts on financial behavior or enrollment decisions
Business · Development economics · Economic growth · Economics · Financial inclusion · Financial services · Inclusion (mineral) · Political science · Sociology · Transition (genetics) · Agricultural risk and resilience · Chemistry · Finance · Financial Literacy, Pension, Retirement Analysis · Gender Studies · Poverty, Education, and Child Welfare
The Global Findex Database 2017
The Miracle of Microfinance? Evidence from a Randomized Evaluation
Savings by and for the Poor
Getting to the Top of Mind
Risk Sharing and Transactions Costs
The long-run poverty and gender impacts of mobile money
Savings Constraints and Microenterprise Development
Barriers to Household Risk Management
Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment
Nudging Farmers to Use Fertilizer
Cycling to School
Why Don't the Poor Save More? Evidence from Health Savings Experiments
The (Perceived) Returns to Education and the Demand for Schooling
Expanding access to secondary education
Intervention-Driven Changes in Social Networks and Their Effects on Household Outcomes
Banking the poor via savings accounts
Insurance, credit, and technology adoption
| Unique citing works | 2 |
|---|---|
| Citations per year | 2 |
| Citation span | 2025 - 2026 (2) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 2 |