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Wealth Effects Of An Asset-Building Intervention Among Rural Households In Sub-Saharan Africa, Gina A. N. Chowa, Michael Sherraden
Wealth Effects Of An Asset-Building Intervention Among Rural Households In Sub-Saharan Africa, Gina A. N. Chowa, Michael Sherraden
Center for Social Development Research
Asset development is a key strategy to promote economic and social development in Sub-Saharan Africa. Research has found associations between asset ownership and household well-being. However, to date there has been little rigorous research on impacts of asset-building interventions for families in SSA. In this study, we analyze wealth outcomes of a matched savings intervention among rural households in Masindi, Uganda. Using propensity score matching and difference-in-differences, significant differences are found on the adjusted means for financial assets ($1,323.01), total wealth ($1,72.18), and net worth ($2,048.20). Overall, results show that asset-building interventions have potential utility as a policy solution for …
Youth And Savings In Assetsafrica, Gina A. N. Chowa, David Ansong
Youth And Savings In Assetsafrica, Gina A. N. Chowa, David Ansong
Center for Social Development Research
As youth transition to adulthood, their ability to save and accumulate assets becomes very important as they begin to accept financial responsibilities and plan for the future. In this paper, we investigated the effects of an asset building intervention on youth asset accumulation in Masindi, a rural area in Uganda. Two waves of data were collected on youth, between 15 and 35 years of age, for both the treatment and comparison groups. We used a Propensity Score Matching (PSM) technique and Difference-in-Difference model to estimate the effects of the asset building intervention. We find that the mean difference in financial …
Youth Saving Preferences In Sub-Saharan Africa And The Potential For Asset Accumulation, David Ansong, Gina Chowa
Youth Saving Preferences In Sub-Saharan Africa And The Potential For Asset Accumulation, David Ansong, Gina Chowa
Center for Social Development Research
As youth transition to adulthood, their ability to save and accumulate assets becomes very important as they begin to accept financial responsibilities and plan for the future. This paper uses data from Masindi, a rural area in Uganda, to (a) investigate the savings preferences of youth in Sub-Saharan Africa (SSA), (b) examine the relationship between an asset-building intervention for youth and higher savings, and (c) determine whether gender and marital status interact in their effect on young people’s savings in SSA. Univariate statistics, independent sample t-test and factorial analysis of variance (ANOVA) are used to address the study’s three goals. …