Are lockboxes effective in increasing savings rates and satisfaction with savings?
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Lock Boxes and a Bridge to Formal Banking in Bolivia Evaluating the effectiveness of restricting access to savings over short periods of time as a way of helping people accumulate lump sums of money to deposit in a formal savings account. Sectors: Microfinance & Enterprise Themes: Behavioral Economics, Commitment Devices, Marketing, Product Design, Savings Status: Ongoing |
