Price and control elasticities of demand for savings
成果类型：
Article
署名作者：
Karlan, Dean; Zinman, Jonathan
署名单位：
Yale University; National Bureau of Economic Research; Innovations for Poverty Action (IPA); National Bureau of Economic Research; Dartmouth College
刊物名称：
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN：
0304-3878
DOI：
10.1016/j.jdeveco.2017.10.004
发表日期：
2018
页码：
145-159
关键词：
摘要：
A Philippine bank tested sensitivity to interest rates and account ownership requirements in 10,000 randomized door-to-door solicitations for a commitment savings account. Take-up is substantial (23%), but price elasticity of saving in this account is not significantly different from zero in either the full sample or sub-groups of plausibly marginal savers. The upper bound is less than 0.5 in the full sample, and exceeds 1.0 in only 1 of 22 sub-groups. Nor do we find sensitivity to ownership requirements.