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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/62662
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Mbiti, Isaac | | en_US |
| dc.contributor.author | | Weil, David N. | | en_US |
| dc.date.accessioned | | 2011-09-19 | | en_US |
| dc.date.accessioned | | 2012-09-17T11:32:04Z | | - |
| dc.date.available | | 2012-09-17T11:32:04Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/62662 | | - |
| dc.description.abstract | | M-Pesa is a mobile phone based money transfer system in Kenya which grew at a blistering pace following its inception in 2007. We examine how M-Pesa is used as well as its economic impacts. Analyzing data from two waves of individual data on financial access in Kenya, we find that increased use of M-Pesa lowers the propensity of people to use informal savings mechanisms such as ROSCAS, but raises the probability of their being banked. Using aggregate data, we calculate the velocity of M-Pesa at between 11.0 and 14.6 person-to-person transfers per month. In addition, we find that M-Pesa causes decreases in the prices of competing money transfer services such as Western Union. While we find little evidence that people use their M-Pesa accounts as a place to store wealth, our results suggest that M-Pesa improves individual outcomes by promoting banking and increasing transfers. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Brown Univ., Dep. of Economics Providence, RI | | en_US |
| dc.relation.ispartofseries | | Working Paper, Brown University, Department of Economics 2011-13 | | en_US |
| dc.relation.ispartofseries | | NBER Working Paper Series 17129 | | en_US |
| dc.subject.jel | | E40 | | en_US |
| dc.subject.jel | | O16 | | en_US |
| dc.subject.jel | | O33 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.title | | Mobile banking: The impact of M-Pesa in Kenya | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 668481188 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Working Papers, Department of Economics, Brown University
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