Skip to main content

Main menu

  • Home
  • Content
    • Current
    • Ahead of print
    • Archive
    • Supplementary Material
  • Info for
    • Authors
    • Subscribers
    • Institutions
    • Advertisers
  • About Us
    • About Us
    • Editorial Board
  • Connect
    • Feedback
    • Help
    • Request JHR at your library
  • Alerts
  • Free Issue
  • Special Issue
  • Other Publications
    • UWP

User menu

  • Register
  • Subscribe
  • My alerts
  • Log in
  • My Cart

Search

  • Advanced search
Journal of Human Resources
  • Other Publications
    • UWP
  • Register
  • Subscribe
  • My alerts
  • Log in
  • My Cart
Journal of Human Resources

Advanced Search

  • Home
  • Content
    • Current
    • Ahead of print
    • Archive
    • Supplementary Material
  • Info for
    • Authors
    • Subscribers
    • Institutions
    • Advertisers
  • About Us
    • About Us
    • Editorial Board
  • Connect
    • Feedback
    • Help
    • Request JHR at your library
  • Alerts
  • Free Issue
  • Special Issue
  • Follow uwp on Twitter
  • Follow JHR on Bluesky
Research ArticleArticles

The Cost of Convenience?

Transaction Costs, Bargaining Power, and Savings Account Use in Kenya

Simone Schaner
Journal of Human Resources, October 2017, 52 (4) 919-945; DOI: https://doi.org/10.3368/jhr.52.4.0815-7350R1
Simone Schaner
Simone Schaner is Assistant Professor of Economics at Dartmouth College, JPAL, NBER, and BREAD.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • Article
  • Figures & Data
  • Supplemental
  • Info & Metrics
  • References
  • PDF
Loading

References

  1. ↵
    1. Anderson Siwan,
    2. Baland Jean-Marie
    . 2002. “The Economics of Roscas and Intrahousehold Resource Allocation”. Quarterly Journal of Economics 117(3):963–95.
    OpenUrlCrossRefWeb of Science
  2. ↵
    1. Angrist Josh
    . 2002. “How Do Sex Ratios Affect Marriage and Labor Markets? Evidence from America’s Second Generation”. Quarterly Journal of Economics 117(3):997–1038.
    OpenUrlCrossRefWeb of Science
  3. ↵
    1. Aportela Fernando
    . 1999. “Effects of Financial Access on Savings by Low-Income People.” Banco de Mexico. Unpublished.
  4. ↵
    1. Ashraf Nava,
    2. Karlan Dean,
    3. Yin Wesley
    . 2006a. “Deposit Collectors.” Advances in Economic Analysis and Policy 6(2).
  5. ↵
    1. Ashraf Nava,
    2. Karlan Dean,
    3. Yin Wesley
    . 2006b. “Tying Odysseus to the Mast: Evidence from a Commitment Savings Product in the Philippines”. Quarterly Journal of Economics 121(2):635–72.
    OpenUrlCrossRefWeb of Science
  6. ↵
    1. Atkinson Adele,
    2. Messy Flore-Anne
    . 2012. “Measuring Financial Literacy: Results of the OECD/International Network on Financial Education (INFE) Pilot Study.” OECD Working Papers on Finance, Insurance and Private Pensions No. 15.
  7. ↵
    1. Balakrishnan Uttara,
    2. Haushofer Johannes,
    3. Jakiela Pamela
    . 2015. “How Soon Is Now? Evidence of Present Bias from Convex Time Budget Experiments.”
  8. ↵
    1. Baland Jean-Marie,
    2. Guirkinger Catherine,
    3. Mali Charlotte
    . 2007. “Pretending to Be Poor: Borrowing to Escape Forced Solidarity in Credit Cooperatives in Cameroon.”
  9. ↵
    1. Browning M.,
    2. Chiappori P. A.
    1998. “Efficient Intra-Household Allocations: A General Characterization and Empirical Tests”. Econometrica 66(6):1241–78.
    OpenUrlCrossRefWeb of Science
  10. ↵
    1. Browning Martin,
    2. Chiappori Pierre-André,
    3. Weiss Yoram
    . 2011. “Family Economics.” Chapter 6: Uncertainty and Dynamics in the Collective Model, 243–88. Cambridge University Press.
  11. ↵
    1. Bruce Judith
    . 1989. “Homes Divided”. World Development 17(7):979–91.
    OpenUrlCrossRefWeb of Science
  12. ↵
    1. Bruhn Miriam,
    2. Love Inessa
    . 2009. “The Economic Impact of Banking the Unbanked: Evidence from Mexico.” World Bank Policy Research Working Paper 4981.
  13. ↵
    1. Brune Lasse,
    2. Giné Xavier,
    3. Goldberg Jessica,
    4. Yang Dean
    . 2016. “Facilitating Savings for Agriculture: Field Experimental Evidence from Malawi”. Economic Development and Cultural Change 64(2):187–220.
    OpenUrl
  14. ↵
    1. Burgess Robin,
    2. Pande Rohini
    . 2005. “Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment”. The American Economic Review 95(3):780–95.
    OpenUrlCrossRefWeb of Science
  15. ↵
    1. Chiappori Pierre-André,
    2. Fortin Bernard,
    3. Lacroix Guy
    . 2002. “Marriage Market, Divorce Legislation, and Household Labor Supply”. The Journal of Political Economy 110(1):37–72.
    OpenUrl
  16. ↵
    1. Cole Shawn,
    2. Sampson Thomas,
    3. Zia Bilal
    . 2011. “Prices or Knowledge? What Drives Demand for Financial Services in Emerging Markets?” The Journal of Finance 66(6):1933–67.
    OpenUrlCrossRef
  17. ↵
    1. Collins Daryl,
    2. Morduch Jonathan,
    3. Rutherford Stuart,
    4. Ruthven Orlanda
    . 2009. Portfolios of the Poor: How the World’s Poor Live on Two Dollars a Day. Princeton University Press.
  18. ↵
    1. Dean Mark,
    2. Sautmann Anja
    . 2016. “Credit Constraints and the Measurement of Time Preferences.” Working Paper, Brown University, Department of Economics, No. 2014-1.
  19. ↵
    1. Demirgüç-Kunt Asli,
    2. Klapper Leora F.,
    3. Singer Dorothe,
    4. Oudheusden Peter Van
    . 2015. “The Global Findex Database 2014: Measuring Financial Inclusion Around the World.” World Bank Policy Research Working Paper No. 7255.
  20. ↵
    1. Dupas Pascaline,
    2. Robinson Jonathan
    . 2013. “Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya”. American Economic Journal: Applied Economics 5(1):163–92.
    OpenUrlCrossRefWeb of Science
  21. ↵
    1. Dupas Pascaline,
    2. Robinson Jonathan
    . 2014. “Why Don’t the Poor Save More? Evidence from Health Savings Experiments”. American Economic Review 103(4):1138–71.
    OpenUrl
  22. ↵
    1. Dupas Pascaline,
    2. Green Sarah,
    3. Keats Anthony,
    4. Robinson Jonathan
    . 2012. “Challenges in Banking the Rural Poor: Evidence from Kenya’s Western Province.” NBER Africa Conference Volume.
  23. ↵
    1. Kenya FSD.
    2009. “FinAccess National Survey 2009: Dynamics of Kenya’s Changing Financial Landscape.”
  24. ↵
    1. Kenya FSD.
    2013. “FinAccess National Survey 2013: Profiling Developments in Financial Access and Usage in Kenya.”
  25. ↵
    1. Giné Xavier,
    2. Goldberg Jessica,
    3. Silverman Dan,
    4. Yang Dean
    . Forthcoming. “Revising Commitments: Time Preference and Time Inconsistency in the Field.” Economic Journal.
    1. Harrison Glenn W.,
    2. Lau Morten Igel,
    3. Rutstrom Elisabet E.,
    4. Sullivan Melonie B.
    2004. “Eliciting Risk and Time Preferences Using Field Experiments: Some Methodological Issues” In Field Experiments in Economics ed. Harrison Glenn W., Carpenter Jeffrey, List John A., Research in Experimental Economics Vol. 10, 125–218. Bingley, UK: Emerald Group Publishing Limited.
  26. ↵
    1. Jakiela Pamela,
    2. Ozier Owen
    . 2016. “Does Africa Need a Rotten Kin Theorem? Experimental Evidence from Village Economics”. Review of Economic Studies 83(1):231–68.
    OpenUrlCrossRef
  27. ↵
    1. Jensen Robert,
    2. Thornton Rebecca
    . 2003. “Early Female Marriage in the Developing World”. Gender and Development 11(2):9–19.
    OpenUrlCrossRef
  28. ↵
    1. Kaboski Joseph P.,
    2. Townsend Robert M.
    2005. “Policies and Impact: An Analysis of Village-Level Microfinance Institutions”. Journal of the European Economic Association 3(1):1–50.
    OpenUrlCrossRefWeb of Science
  29. ↵
    1. Karlan Dean,
    2. McConnell Margaret,
    3. Mullainathan Sendhil,
    4. Zinman Jonathan
    . 2016. “Getting to the Top of Mind: How Reminders Increase Saving”. Management Science 62(12): 3393–3411.
    OpenUrl
  30. ↵
    1. Kast Felipe,
    2. Pomeranz Dina
    . 2014. “Saving More to Borrow Less: Experimental Evidence from Access to Formal Savings Accounts in Chile.” Harvard Business School Working Paper, No. 14–001.
  31. ↵
    1. Kast Felipe,
    2. Meier Stephan,
    3. Pomeranz Dina
    . 2013. “Under-Savers Anonymous: Evidence on Self-Help Groups and Peer Pressure as a Savings Commitment Device.” NBER Working Paper No. 18417.
  32. ↵
    1. Kling Jeffrey R.,
    2. Liebman Jeffrey B.,
    3. Katz Lawrence F.
    2007. “Experimental Analysis of Neighborhood Effects”. Econometrica 75(1):83–119.
    OpenUrlCrossRefWeb of Science
  33. ↵
    1. Lafortune Jeanne
    . 2013. “Making Yourself Attractive: Pre-Marital Investments and the Returns to Education in the Marriage Market”. American Economic Journal: Applied Economics 5(2):151–78.
    OpenUrl
  34. ↵
    1. Lundberg Shelly,
    2. Pollak Robert A.
    1993. “Separate Spheres Bargaining and the Marriage Market”. The Journal of Political Economy 101(6):988–1010.
    OpenUrlCrossRefWeb of Science
  35. ↵
    1. Lundberg Shelly J.,
    2. Pollak Robert A.,
    3. Wales Terence J.
    1997. “Do Husbands and Wives Pool Their Resources? Evidence from the United Kingdom Child Benefit”. The Journal of Human Resources 32(3):463–80.
    OpenUrlCrossRefWeb of Science
  36. ↵
    1. Manser Marilyn,
    2. Brown Murray
    . 1980. “Marriage and Household Decision-Making: A Bargaining Analysis”. International Economic Review 21(1):31–44.
    OpenUrlCrossRefWeb of Science
  37. ↵
    1. McElroy Marjorie B.,
    2. Horney Mary Jean
    . 1981. “Nash-Bargained Household Decisions: Toward a Generalization of the Theory of Demand”. International Economic Review 22(2): 333–49.
    OpenUrlCrossRefWeb of Science
  38. ↵
    1. Prina Silvia
    . 2015. “Banking the Poor via Savings Accounts: Evidence from a Field Experiment”. Journal of Development Economics 115:16–31.
    OpenUrlCrossRef
  39. ↵
    1. Schaner Simone
    . 2015. “Do Opposites Detract? Intrahousehold Preference Heterogeneity and Inefficient Strategic Savings”. American Economic Journal: Applied Economics 7(2):135–74.
    OpenUrl
  40. ↵
    1. Shapiro Jeremy
    . 2010. “Discounting for You, Me, and We: Time Preference in Groups and Pairs.”
  41. ↵
    1. Thomas Duncan
    . 1994. “Like Father, like Son; Like Mother, like Daughter: Parental Resources and Child Height”. The Journal of Human Resources 29(4):950–88.
    OpenUrlCrossRefWeb of Science
PreviousNext
Back to top

In this issue

Journal of Human Resources: 52 (4)
Journal of Human Resources
Vol. 52, Issue 4
2 Oct 2017
  • Table of Contents
  • Table of Contents (PDF)
  • Index by author
  • Back Matter (PDF)
  • Front Matter (PDF)
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on Journal of Human Resources.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
The Cost of Convenience?
(Your Name) has sent you a message from Journal of Human Resources
(Your Name) thought you would like to see the Journal of Human Resources web site.
Citation Tools
The Cost of Convenience?
Simone Schaner
Journal of Human Resources Oct 2017, 52 (4) 919-945; DOI: 10.3368/jhr.52.4.0815-7350R1

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Share
The Cost of Convenience?
Simone Schaner
Journal of Human Resources Oct 2017, 52 (4) 919-945; DOI: 10.3368/jhr.52.4.0815-7350R1
Twitter logo Facebook logo Mendeley logo
  • Tweet Widget
  • Facebook Like
  • Google Plus One
Bookmark this article

Jump to section

  • Article
    • Abstract
    • I. Introduction
    • II. Experimental Design and Data
    • III. Overall Impacts of ATM Cards
    • IV. Exploring Mechanisms
    • V. Conclusions
    • Acknowledgments
    • Footnotes
    • References
  • Figures & Data
  • Supplemental
  • Info & Metrics
  • References
  • PDF

Related Articles

  • Google Scholar

Cited By...

  • No citing articles found.
  • Google Scholar

More in this TOC Section

  • The Effects of Exposure to a Large-Scale Recession on Higher Education and Early Labor Market Outcomes
  • Intergenerational Mobility Trends and the Changing Role of Female Labor
  • The Health Effects of In Utero Exposure To Cash Transfers
Show more Articles

Similar Articles

UW Press logo

© 2025 Board of Regents of the University of Wisconsin System

Powered by HighWire