Loose Knots: Strong versus Weak Commitments to Save for Education in Uganda
Dean Karlan and
Leigh Linden ()
No 19863, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
Commitment devices offer an opportunity to restrict future choices. However, strict commitments may deter participation. Using a school-based commitment savings program for children to save for educational expenses in Uganda, we compare an account fully committed to school expenses to an account with a weaker commitment (funds withdrawn in cash, rather than a voucher). Children save more in the weaker commitment treatment arm, and when combined with parental outreach spend more on educational supplies and score 0.10 standard deviations (standard error =0.04) on test scores. The fully committed account yields no such educational improvements, and neither account finds impacts on secondary or downstream outcomes such as attendance, enrollment, or non-cognitive skills.
JEL-codes: D12 D91 I21 O12 (search for similar items in EconPapers)
Date: 2014-01
New Economics Papers: this item is included in nep-afr
Note: DEV LE LS
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Citations: View citations in EconPapers (30)
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Working Paper: Loose Knots:Strong versus Weak Commitments to Save for Education in Uganda (2016) 
Working Paper: Loose Knots: Strong versus Weak Commitments to Save for Education in Uganda (2014) 
Working Paper: Loose Knots: Strong versus Weak Commitments to Save for Education in Uganda (2014) 
Working Paper: Loose Knots: Strong versus Weak Commitments to Save for Education in Uganda (2014) 
Working Paper: Loose Knots: Strong versus Weak Commitments to Save for Education in Uganda (2014) 
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