Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya
在肯尼亚农村，为市场女商贩提供免费银行账户后，她们增加了储蓄、生产性投资和私人支出，但对自行车出租车司机无影响，表明储蓄约束阻碍了部分微型企业的发展。
Does limited access to formal savings services impede business growth in poor countries? To shed light on this question, we randomized access to noninterest-bearing bank accounts among two types of self-employed individuals in rural Kenya: market vendors (who are mostly women) and men working as bicycle taxi drivers. Despite large withdrawal fees, a substantial share of market women used the accounts, were able to save more, and increased their productive investment and private expenditures. We see no impact for bicycle-taxi drivers. These results imply significant barriers to savings and investment for market women in our study context.