Social Capital and Savings Behaviour: Evidence from Vietnam
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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.
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http://people.tcd.ie/cnewmanDescription:
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Author: NEWMAN, CAROL
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Economics, Social Capital, VietnamMetadata
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