Price and Control Elasticities of Demand for Savings
Harvard Dataverse (Africa Rice Center, Bioversity International, CCAFS, CIAT, IFPRI, IRRI and WorldFish)
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Title |
Price and Control Elasticities of Demand for Savings
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Identifier |
https://doi.org/10.7910/DVN/STTNUF
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Creator |
Karlan, Dean
Zinman, Jonathan |
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Publisher |
Harvard Dataverse
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Description |
A Philippine bank tested sensitivity to interest rates and account ownership requirements in 10,000 randomized door-to-door solicitations for a commitment savings account. Take-up is substantial (23%), but price elasticity of saving in this account is not significantly different from zero in either the full sample or sub-groups of plausibly marginal savers. The upper bound is less than 0.5 in the full sample, and exceeds 1.0 in only 1 of 22 sub-groups. Nor do we find sensitivity to ownership requirements.
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Subject |
Social Sciences
Savings Microcredit |
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Language |
English
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Contributor |
Research Support, Innovations for Poverty Action
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Type |
Survey data
Administrative data |
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