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Fields Changed

Registration

Field Before After
Trial Status in_development completed
Last Published April 06, 2016 11:46 AM April 28, 2017 12:28 PM
Study Withdrawn No
Intervention Completion Date December 31, 2015
Data Collection Complete Yes
Final Sample Size: Number of Clusters (Unit of Randomization) 1808 households
Was attrition correlated with treatment status? No
Final Sample Size: Total Number of Observations 1808 households
Final Sample Size (or Number of Clusters) by Treatment Arms 434 control group households, 517 financial education only households, 369 financial services only households, 488 financial education and services households
Is there a restricted access data set available on request? No
Program Files No
Data Collection Completion Date April 30, 2016
Is data available for public use? No
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Papers

Field Before After
Paper Abstract We implemented a randomized controlled trial among transnational households in the Philippines estimating impacts on financial behaviors of a financial education treatment, a financial access treatment, and the combination of the two. We test whether there are complementarities between financial education and financial access interventions, and also provide insight into the nature of constraints operating in financial services markets. We find no evidence of complementarities between the financial education and financial access treatments. In addition, while we find no evidence of constraints in access to formal credit and savings products, our results do suggest that access constraints exist in the formal insurance market. Impacts on other financial behaviors are suggestive of the importance of information constraints in financial decision-making. These results provide guidance to designers of financial interventions in similar populations.
Paper Citation Abarcar, Paolo, Rashmi Barua, and Dean Yang. "Financial Education and Financial Access for Transnational Households: Field Experimental Evidence from the Philippines" Working Paper, April 2017
Paper URL http://sites.lsa.umich.edu/deanyang/wp-content/uploads/sites/205/2016/09/abarcar-barua-yang-financial-education-financial-access.pdf
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