PT  - JOURNAL ARTICLE
AU  - Olukorede Abiona
AU  - Martin Foureaux Koppensteiner
TI  - Financial Inclusion, Shocks, and Poverty: Evidence from the Expansion of Mobile Money in Tanzania
AID  - 10.3368/jhr.57.2.1018-9796R1
DP  - 2020 Feb 18
TA  - Journal of Human Resources
PG  - 1018-9796R1
4099  - http://jhr.uwpress.org/content/early/2020/02/14/jhr.57.2.1018-9796R1.short
4100  - http://jhr.uwpress.org/content/early/2020/02/14/jhr.57.2.1018-9796R1.full
AB  - We estimate the effect of mobile money adoption on consumption smoothing, poverty, and human capital investments in Tanzania. We exploit the rapid expansion of the mobile money agent network between 2010 and 2012 and use this together with idiosyncratic shocks from variation in rainfall over time and across space in a difference-in-difference framework. We find that adopter households are able to smooth consumption during periods of shocks and maintain their investments in human capital. Results on time use of children and labor force participation complement the findings on the important role of mobile money for the intergenerational transmission of poverty.