Financial products and transfer schemes are often designed to help individuals improve welfare by following through on intertemporal plans. This paper implements an artefactual field experiment in Malawi to test the ability of households to manage a cash windfall. This study varies whether 474 households receive a payment in cash or through direct deposit into pre-established accounts at a local bank. Payments are made immediately, with one day delay...
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详细
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2016/08/31
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政策研究报告
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WPS7807
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1
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1
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2016/08/31
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Disclosed
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Savings defaults and payment delays for cash transfers: field experimental evidence from Malawi
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Finance & Private Sector Development