Rosca Participation in Benin: a Commitment Issue

Olivier Dagnelie () and Philippe LeMay-Boucher

No 339, Working Papers from Barcelona School of Economics

Abstract: In the light of first-hand data from a Beninese urban household survey in Cotonou, we investigate several motives aiming to explain participation in Rotating Savings and Credit Associations. We provide anecdotal pieces of evidence, descriptive statistics, FIML regressions and matching estimates which tend to indicate that most individuals use their participation in a rosca as a device to commit themselves to save money and to deal with self-control problems.

Keywords: ROSCA; self-control; commitment device; Benin (search for similar items in EconPapers)
JEL-codes: G2 O16 O17 (search for similar items in EconPapers)
Date: 2015-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://bw.bse.eu/wp-content/uploads/2022/04/1339-file.pdf (application/pdf)

Related works:
Journal Article: Rosca Participation in Benin: A Commitment Issue (2012)
Working Paper: Rosca Participation in Benin: a Commitment Issue (2008)
Working Paper: Rosca Participation in Benin: a Commitment Issue (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bge:wpaper:339

Access Statistics for this paper

More papers in Working Papers from Barcelona School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Bruno Guallar ().