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https://hdl.handle.net/10419/62662
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DC Field | Value | Language |
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dc.contributor.author | Mbiti, Isaac | en |
dc.contributor.author | Weil, David N. | en |
dc.date.accessioned | 2011-09-19 | - |
dc.date.accessioned | 2012-09-17T11:32:04Z | - |
dc.date.available | 2012-09-17T11:32:04Z | - |
dc.date.issued | 2011 | - |
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 |
dc.description.other | NBER Working Paper No. 17129. | - |
dc.language.iso | eng | en |
dc.publisher | |aBrown University, Department of Economics |cProvidence, RI | en |
dc.relation.ispartofseries | |aWorking Paper |x2011-13 | en |
dc.subject.jel | E40 | en |
dc.subject.jel | O16 | en |
dc.subject.jel | O33 | en |
dc.subject.ddc | 330 | en |
dc.title | Mobile banking: The impact of M-Pesa in Kenya | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 668481188 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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