Speaker
Lukas Menkhoff
Description
We study direct, spillover and saturation effects of a financial education program on micro-entrepreneurs in Uganda. We randomize the program at the cluster-level, and then randomize the share of treated individuals within treated clusters. 15 months later, the treated show expected effects, such as increased use and amount of mobile money savings or higher investments. Spillovers on untreated peers tend to be insignificant. However, when the share of treated in treated clusters (i.e., saturation) increases, the beneficial effects on the treated become smaller, so that the net effect of the program may turn insignificant if operated at scale.
Primary author
Prof.
Tim Kaiser
(RPTU)
Co-author
Lukas Menkhoff
