Transaction Networks: Evidence from Mobile Money in Kenya
Mobile money allows households in Kenya to spread risk more efficiently. In this paper we show that these efficiencies are achieved through deeper financial integration and expanded informal networks. Active networks are more geographically dispersed and support more reciprocal financial arrangement...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
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American Economic Association
2014
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| Online Access: | http://hdl.handle.net/1721.1/88135 https://orcid.org/0000-0002-7552-7945 |
| _version_ | 1826211149135216640 |
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| author | Jack, William Ray, Adam Suri, Tavneet |
| author2 | Sloan School of Management |
| author_facet | Sloan School of Management Jack, William Ray, Adam Suri, Tavneet |
| author_sort | Jack, William |
| collection | MIT |
| description | Mobile money allows households in Kenya to spread risk more efficiently. In this paper we show that these efficiencies are achieved through deeper financial integration and expanded informal networks. Active networks are more geographically dispersed and support more reciprocal financial arrangements. Consistent with the reported reciprocity, mobile money users report a higher share of transactions as being for credit and insurance purposes. |
| first_indexed | 2024-09-23T15:01:22Z |
| format | Article |
| id | mit-1721.1/88135 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T15:01:22Z |
| publishDate | 2014 |
| publisher | American Economic Association |
| record_format | dspace |
| spelling | mit-1721.1/881352022-10-02T00:00:53Z Transaction Networks: Evidence from Mobile Money in Kenya Jack, William Ray, Adam Suri, Tavneet Sloan School of Management Suri, Tavneet Mobile money allows households in Kenya to spread risk more efficiently. In this paper we show that these efficiencies are achieved through deeper financial integration and expanded informal networks. Active networks are more geographically dispersed and support more reciprocal financial arrangements. Consistent with the reported reciprocity, mobile money users report a higher share of transactions as being for credit and insurance purposes. Consortium on Financial Systems and Poverty (U.S.) 2014-06-30T17:00:09Z 2014-06-30T17:00:09Z 2013-05 Article http://purl.org/eprint/type/JournalArticle 0002-8282 1944-7981 http://hdl.handle.net/1721.1/88135 Jack, William, Adam Ray, and Tavneet Suri. “Transaction Networks: Evidence from Mobile Money in Kenya.” American Economic Review 103, no. 3 (May 2013): 356–361. © 2013 The American Economic Association https://orcid.org/0000-0002-7552-7945 en_US http://dx.doi.org/10.1257/aer.103.3.356 American Economic Review Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. application/pdf American Economic Association American Economic Association |
| spellingShingle | Jack, William Ray, Adam Suri, Tavneet Transaction Networks: Evidence from Mobile Money in Kenya |
| title | Transaction Networks: Evidence from Mobile Money in Kenya |
| title_full | Transaction Networks: Evidence from Mobile Money in Kenya |
| title_fullStr | Transaction Networks: Evidence from Mobile Money in Kenya |
| title_full_unstemmed | Transaction Networks: Evidence from Mobile Money in Kenya |
| title_short | Transaction Networks: Evidence from Mobile Money in Kenya |
| title_sort | transaction networks evidence from mobile money in kenya |
| url | http://hdl.handle.net/1721.1/88135 https://orcid.org/0000-0002-7552-7945 |
| work_keys_str_mv | AT jackwilliam transactionnetworksevidencefrommobilemoneyinkenya AT rayadam transactionnetworksevidencefrommobilemoneyinkenya AT suritavneet transactionnetworksevidencefrommobilemoneyinkenya |