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dc.titleThe Impact of Subsidy Delivery Method on Savings Behavior: Experimental Evidence
dc.contributor.authorBanerjee, Abhijit
dc.contributor.authorMartínez, Claudia
dc.contributor.authorPuentes, Esteban
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageChile
dc.date.available2023-11-06T00:11:00
dc.date.issue2023-11-06T00:11:00
dc.description.abstractWe examine the impact of offering conditional cash transfer (CCT) beneficiaries the choice to receive cash transfers in bank accounts instead of cash. We investigate the effects on savings behavior and downstream outcomes such as assets and trust. We find, on average, no significant impact on overall savings or downstream outcomes. However, among individuals with nonpositive balances prior to the offering, we observe an increase in balances in savings accounts and in the transactional accounts in which the subsidies were initially deposited. These findings underscore the potential of using bank accounts to encourage savings, particularly for individuals with limited prior savings.
dc.format.extent26
dc.identifier.doihttp://dx.doi.org/10.18235/0005259
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Impact-of-Subsidy-Delivery-Method-on-Savings-Behavior-Experimental-Evidence.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.relation.seriesImpact Evaluations
dc.subjectSubsidy
dc.subjectFinancial Accountancy
dc.subjectSaving Account
dc.subjectConditional Cash Transfer
dc.subjectMobile Banking
dc.subjectProject Profile
dc.subjectSaving Plan
dc.subjectSaving
dc.subjectTrust
dc.subject.jelcodeG20 - Financial Institutions and Services: General
dc.subject.jelcodeD14 - Household Saving; Personal Finance
dc.subject.jelcodeE21 - Consumption • Saving • Wealth
dc.subject.keywordsFinancial Access;Banking accounts;savings
dc.typeWorking Papers
idb.identifier.pubnumberIDB-WP-01525
idb.operationRG-K1415
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