Research page

Project Leads: Vincent Somville, Lore Vandewalle, Jean-Marie Baland, Stefan Klasen, Karl Ove Moene, Rohini Somanathan
Research Assistant: Julia Seiermann

Timeline: 2013-2016
Keywords: Savings behavior, India, mobile banking, experiment
Funding Organisation:  The Research council of Norway

Description: In India, a significant proportion of the households, especially in rural areas, are outside the coverage of the formal banking system. But recent advances in mobile technology provide an opportunity to easily expand the access to formal financial services. People can use mobile phones to save, transfer money to other users and receive payments from the Government.

Together with our partner Basix Sub-K, we set-up various randomized controlled trials that allow us to address major gaps in research on the financial lives of the poor, such as the interactions between formal and informal financial institutions, saving behaviour and the effects of cash versus electronic payments on household finances.



Saving by Default: Evidence from a Field Experiment in Rural India


by Vincent Somville, Lore Vandewalle
Increasing trust in the bank to enhance savings: Experimental evidence from India


Rahul Mehrotra, Vincent Somville, Lore Vandewalle