Trinity College Dublin

Skip to main content.

Top Level TCD Links

CAPITAL AND SAVINGS BEHAVIOR: EVIDENCE FROM VIETNAM


Carol Newman, Finn Tarp and Katleen Van Den Broeck


IIIS Discussion Paper No. 351

Abstract

We explore the extent to which social capital can play a role in imparting information about the returns to saving where potential knowledge gaps and mistrust exists. Using data from Vietnam we find strong evidence to support the hypothesis that information transmitted via reputable social organizations increases the proportion of liquid assets held in the form of deposits that yield a return. Our results imply that targeting information on the benefits of deposit saving through formal networks or groups would be effective in increasing the number of households that save at grassroots level.


JEL Codes: Q12, Q15, O17, O33, N57

 

 


Last updated 28 August 2014 by IIIS (Email).