Record Details

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
 
Identifier https://doi.org/10.7910/DVN/STTNUF
 
Creator Karlan, Dean
Zinman, Jonathan
 
Publisher Harvard Dataverse
 
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.
 
Subject Social Sciences
Savings
Microcredit
 
Language English
 
Contributor Research Support, Innovations for Poverty Action
 
Type Survey data
Administrative data