The Effect of Savings Accounts on Interpersonal Financial Relationships
Evidence from a Field Experiment in Rural Kenya
Bibliographic Data
| ID | 9717060 |
|---|---|
| Authors | Pascaline Dupas (0000-0003-0140-9417, Stanford University, NBER and CEPR, corresponding author), Anthony Keats (Wesleyan University), Jonathan Robinson (0000-0002-4862-204X, University of California, Santa Cruz and NBER) |
| Year | 2019 |
| Volume | 129 |
| Issue | 617 |
| Pages | 273-310 |
| Publication date | 2019-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12553 |
| OpenAlex | W3122254416 |
| Language | EN |
| Citations received | 12 |
| References cited | 28 |
The welfare impact of expanding access to bank accounts depends on whether accounts crowd out pre-existing financial relationships, or whether private gains from accounts are shared within social networks. In this experiment, we provided free bank accounts to a random subset of 885 households. Across households, we document positive spillovers: treatment households become less reliant on grown children and siblings living outside their village, and become more supportive of neighbours and friends within their village. Within households, we randomised which spouse was offered an account and find no evidence of negative spillovers
Bank account · Business · Demographic economics · Economics · Interpersonal communication · Interpersonal relationship · Labour economics · Market economy · Payment · Public economics · Savings account · Sociology · Spouse · Welfare · Agricultural risk and resilience · Finance · Microfinance and Financial Inclusion · Poverty, Education, and Child Welfare · Psychology · Social Psychology
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| Unique citing works | 12 |
|---|---|
| Citations per year | 1,5 |
| Citation span | 2018 - 2025 (8) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 12 |