Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/299470 
Year of Publication: 
2023
Series/Report no.: 
IDB Working Paper Series No. IDB-WP-1525
Publisher: 
Inter-American Development Bank (IDB), Washington, DC
Abstract: 
We examine the impact of offering conditional cash transfer (CCT) beneficiaries the choice to receive cash transfers in bank accounts instead of cash. We investigate the effects on savings behavior and downstream outcomes such as assets and trust. We find, on average, no significant impact on overall savings or downstream outcomes. However, among individuals with nonpositive balances prior to the offering, we observe an increase in balances in savings accounts and in the transactional accounts in which the subsidies were initially deposited. These findings underscore the potential of using bank accounts to encourage savings, particularly for individuals with limited prior savings.
Subjects: 
Financial access
Banking accounts
Savings
JEL: 
G20
D14
E21
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.