Risk Sharing and Transactions Costs: Evidence from Kenya's Mobile Money Revolution
Risk Sharing and Transactions Costs: Evidence from Kenya's Mobile Money Revolution
About this item
Full title
Author / Creator
Publisher
Nashville: American Economic Association
Journal title
Language
English
Formats
Publication information
Publisher
Nashville: American Economic Association
Subjects
More information
Scope and Contents
Contents
We explore the impact of reduced transaction costs on risk sharing by estimating the effects of a mobile money innovation on consumption. In our panel sample, adoption of the innovation increased from 43 to 70 percent. We find that, while shocks reduce consumption by 7 percent for nonusers, the consumption of user households is unaffected. The mech...
Alternative Titles
Full title
Risk Sharing and Transactions Costs: Evidence from Kenya's Mobile Money Revolution
Authors, Artists and Contributors
Author / Creator
Identifiers
Primary Identifiers
Record Identifier
TN_cdi_proquest_miscellaneous_1499082770
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1499082770
Other Identifiers
ISSN
0002-8282
E-ISSN
1944-7981
DOI
10.1257/aer.104.1.183
