Savings By and For the Poor: A Research Review and Agenda

Dean Karlan, Aishwarya Lakshmi Ratan and Jonathan Zinman

No wp-2014-078, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have important welfare consequences: variable consumption, low resilience to shocks, and foregone profitable investments.

Keywords: Banking; Choice; Consumption; Poverty; Saving and investment (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (171)

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/wp2014-078.pdf (application/pdf)

Related works:
Journal Article: Savings by and for the Poor: A Research Review and Agenda (2014)
Working Paper: Savings by and for the Poor: A Research Review and Agenda (2013)
Working Paper: Savings by and for the Poor: A Research Review and Agenda (2013)
Working Paper: Savings by and for the Poor: A Research Review and Agenda (2013)
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:unu:wpaper:wp-2014-078

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().