PT  - JOURNAL ARTICLE
AU  - Dizon, Felipe
AU  - Gong, Erick
AU  - Jones, Kelly
TI  - The Effect of Promoting Savings on Informal Risk-Sharing: Experimental Evidence from Vulnerable Women in Kenya
AID  - 10.3368/jhr.55.3.0917-9077R2
DP  - 2019 Jun 07
TA  - Journal of Human Resources
PG  - 0917-9077R2
4099  - http://jhr.uwpress.org/content/early/2019/06/03/jhr.55.3.0917-9077R2.short
4100  - http://jhr.uwpress.org/content/early/2019/06/03/jhr.55.3.0917-9077R2.full
AB  - An increase in savings can lead to substitution away from informal risk-sharing arrangements (IRSAs), which can reduce the capacity to manage risk. We conduct a field experiment that promoted mobile bank savings among vulnerable women in Kenya. The savings promotion increased mobile bank savings and reduced risk-sharing. However, we show that reduced risk-sharing did not reduce the capacity to manage risk. Promoting savings directly improved the ability of women to cope with negative shocks, and had no adverse spillover effects on the untreated.