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The Economics of Roscas and Intrahousehold Resource Allocation
Open accessAbstract
This paper investigates individual motives to participate in rotating savings and credit associations (roscas). Detailed evidence from roscas in a Kenyan slum (Nairobi) suggests that most roscas are predominantly composed of women, particularly those living in a couple and earning an independent income. We propose an explanation of this based on conflictual interactions within the household. Participation in a rosea is a strategy a wife employs to protect her savings against claims by her husband for immediate consumption. The empirical implications of the model are then tested using the data collected in Kenya.
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Citations
Cites
The Rotating Credit Association: A "Middle Rung" in Development
Geertz, C. (1962) · Economic Development and Cultural Change · doi:10.1086/449960 · Cited by 627
Cited by
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Duflo, E. (2012) · Journal of Economic Literature · doi:10.1257/jel.50.4.1051 · Cited by 2,978
Tying Odysseus to the Mast: Evidence From a Commitment Savings Product in the Philippines
Ashraf, N., Karlan, D., & Yin, W. (2006) · The Quarterly Journal of Economics · doi:10.1162/qjec.2006.121.2.635 · Cited by 1,542
Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya
Dupas, P., & Robinson, J. (2013) · American Economic Journal: Applied Economics · doi:10.1257/app.5.1.163 · Cited by 959
The long-run impact of bombing Vietnam
Miguel, E., & Roland, G. (2011) · Journal of Development Economics · doi:10.1016/j.jdeveco.2010.07.004 · Cited by 627
Savings by and for the Poor: A Research Review and Agenda
Karlan, D., Ratan, A. L., & Zinman, J. (2014) · Review of Income and Wealth · doi:10.1111/roiw.12101 · Cited by 548
Metadata
- Authors
- Anderson, S., & Baland, J.-M.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2002-08-01
- Volume
- 117
- Issue
- 3
- Pages
- 963-995
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2164200301
- Cited by
- 638
- References
- 1
- FWCI
- 17.55
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.