The Economics of Roscas and Intrahousehold Resource Allocation
نویسندگان
چکیده
This paper investigates individual motives to participate in rotating savings and credit associations (roscas). Detailed evidence from roscas in a Kenyan slum (Nairobi) suggests that most roscas are predominantly composed of women, particularly those living in a couple and earning an independent income. To explain this phenomenon, we propose an argument based on con°ictual interactions within the household. Participation in a rosca is a strategy a wife employs to protect her savings against claims by her husband for immediate consumption. The empirical implications of the model are then tested using the data collected in Kenya. JEL Classi ̄cation Codes: D10, J16, J12
منابع مشابه
An Economic Explanation of the Effect of Birth Order on Educational Achievement
T he relationship between birth order and child's human capital is studied in this paper. A Microeconomic model is designed to analyze the intrahousehold behavior on resource allocation and its outcomes for children. Since adding up a child changes the method of intrahousehold resource allocation, the expenditures of investment in child's human capital has been changed too. The aim o...
متن کاملResource Allocation and Empowerment of Women in Rural Bangladesh
RESEARCH PROJECT MISSION Intrahousehold resource allocation can predict the outcomes and consequences of policies targeted at households or individuals. With this knowledge and understanding, the research team aims to generate information that will assist in the development of policies, programs and projects that take intrahousehold allocation processes into account. PROJECT BRIEF No 1 • APRIL ...
متن کاملGender Discrimination in the Allocation of Migrant Household Resources.
This paper considers the relationship between international migration and gender discrimination through the lens of decision-making power over intrahousehold resource allocation. The endogeneity of migration is addressed with a difference-in-differences style identification strategy and a model with household fixed effects. The results suggest that while a migrant household head is away, a grea...
متن کاملAIDS Treatment and Intrahousehold Resource Allocation: Children's Nutrition and Schooling in Kenya.
The provision of antiretroviral medications is a central component of the response to HIV/AIDS and consumes substantial public resources from around the world, but little is known about this intervention's impact on the welfare of children in treated persons' households. Using longitudinal survey data from Kenya, we examine the relationship between the provision of treatment to adults and the s...
متن کاملSibling sex composition, intrahousehold resource allocation, and educational attainment in China
Studies have found that the decline of the fertility rate, which reduces the number of siblings, is an important factor in narrowing the gender gap in education. However, given the number of children, sex composition of siblings also affects individual educational attainment. Few relevant studies on this issue are available in China. This study investigates the effects of sibling sex compositio...
متن کامل