Using Goals to Boost Savings
Using Goals to Boost Savings
7 July, 2020 •Similar Articles
Self control and commitment: can decreasing the liquidity of a savings account increase deposits?
If individuals have self-control problems, they may take up commitment contracts that restrict their spending. We experimentally investigate how co...
Saving More to Borrow Less: Experimental Evidence from Access to Formal Savings Accounts in Chile
Poverty is often characterized not only by low and unstable income, but also by heavy debt burdens. We find that reducing barriers to saving throug...
Bank-Insured RoSCA for Microfinance: Experimental Evidence in Poor Egyptian Villages
Microfinance institutions (MFIs) have continued to grow over the past few decades, both in numbers of clients and portfolio sizes. The growth of th...
The Community Empowerment Fund (CEF) is a non-profit organization focused on enabling and sustaining transitions out of homelessness and poverty. Founded in 2009, CEF provides relationship-based support, workforce development, financial education, and matched savings accounts to individuals experiencing or at-risk of experiencing homelessness in Orange and Durham Counties of North Carolina.