TY - JOUR
T1 - VIOLENCE AND FINANCIAL DECISIONS
T2 - EVIDENCE FROM MOBILE MONEY IN AFGHANISTAN
AU - Blumenstock, Joshua E.
AU - Callen, Michael
AU - Ghani, Tarek
AU - Gonzalez, Robert
N1 - Publisher Copyright:
© 2021 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.
PY - 2024/3/19
Y1 - 2024/3/19
N2 - We provide evidence that violence reduces the adoption and use of mobile money in three separate empirical settings in Afghanistan. First, analyzing nationwide mobile money transaction logs, we find that users ex-posed to violence reduce use of mobile money. Second, using panel survey data from a field experiment, we show that subjects expecting violence are significantly less likely to respond to random inducements to use mobile money. Finally, analyzing nationwide financial survey data, we find that individuals expecting violence hold more cash. Collectively, this evidence suggests that violence can impede the growth of formal financial systems.
AB - We provide evidence that violence reduces the adoption and use of mobile money in three separate empirical settings in Afghanistan. First, analyzing nationwide mobile money transaction logs, we find that users ex-posed to violence reduce use of mobile money. Second, using panel survey data from a field experiment, we show that subjects expecting violence are significantly less likely to respond to random inducements to use mobile money. Finally, analyzing nationwide financial survey data, we find that individuals expecting violence hold more cash. Collectively, this evidence suggests that violence can impede the growth of formal financial systems.
UR - https://www.scopus.com/pages/publications/85189315985
U2 - 10.1162/rest_a_01147
DO - 10.1162/rest_a_01147
M3 - Article
AN - SCOPUS:85189315985
SN - 0034-6535
VL - 106
SP - 352
EP - 369
JO - Review of Economics and Statistics
JF - Review of Economics and Statistics
IS - 2
ER -