Why Do Defaults Affect Behavior? Experimental Evidence from Afghanistan Joshua Blumenstock, Michael Callen, Tarek Ghani Abstract We report on an experiment examining why default options impact behavior. Working with one of the largest private firms in Afghanistan, we randomly assigned each of 949 employees to different variants of a new default savings account. Employees assigned […]
BREAD Working Paper No. 552, April 2020
Saving for Multiple Financial Needs: Evidence from Lockboxes and Mobile Money in Malawi Shilpa Aggarwal, Valentina Brailovskaya, Jonathan Robinson Abstract We test whether the provision of multiple labeled savings accounts affects savings and downstream outcomes in an experiment with 761 microentrepreneurs in urban Malawi. Treatment respondents received one or multiple savings accounts, in the form […]