Title: Do Opposites Detract? Intrahousehold Preference Heterogeneity and Inefficient Strategic Savings

Type Dataset Schaner, Simone (2017): Do Opposites Detract? Intrahousehold Preference Heterogeneity and Inefficient Strategic Savings. Harvard Dataverse. Dataset. https://dataverse.harvard.edu/dataset.xhtml?persistentId=doi:10.7910/DVN/QQUIZC

Authors: Schaner, Simone (Dartmouth College) ; Research Transparency, Data Ethics, and Governance (Innovations for Poverty Action) ;

Links

• Item record in Abdul Latif Jameel Poverty Action Lab Dataverse
• Digital object URL

Summary

This paper uses a field experiment to test whether intrahousehold heterogeneity in discount factors leads to inefficient strategic savings behavior. I gave married couples in rural Kenya the opportunity to open both joint and individual bank accounts at randomly assigned interest rates. I also directly elicited discount factors for all individuals in the experiment. Couples who are well matched on discount factors are less likely to use costly individual accounts and respond robustly to relative rates of return between accounts, while their poorly matched peers do not. Consequently, poorly matched couples forgo significantly more interest earnings on their savings.

More information

• DOI: 10.7910/DVN/QQUIZC

Subjects

• Social Sciences, Household production, Intrahousehold allocation, Saving, Personal finance, Marriage, Economic development, Domestic abuse

Dates

• Publication date: 2017
• Submitted: January 27, 2017
• Updated: November 13, 2019
• Collected: 2009 to 2009

Notes

Rights

• info:eu-repo/semantics/openAccess
• http://creativecommons.org/publicdomain/zero/1.0 CC0 1.0

Funding Information

Format

electronic resource