Do Incentives Matter for the Diffusion of Financial Knowledge? Experimental Evidence from Uganda

Do Incentives Matter for the Diffusion of Financial Knowledge? Experimental Evidence from Uganda

Author: 
Sseruyange, John
Publisher: 
Oxford University Press
Date published: 
2018
Record type: 
Responsibility: 
Bulte, Erwin, jt. author
Journal Title: 
Journal of African Economies
Source: 
Journal of African Economies, Vol. 27, No. 5, November 2018 pp. 612-631
Abstract: 

Many development interventions involve training of beneficiaries, based on the assumption that knowledge and skills will spread 'automatically' among a wider target population. However, diffusion of knowledge or innovations can be slow and incomplete. We use a randomised field experiment in Uganda to assess the impact of providing incentives for knowledge diffusion, and pay trained individuals a fee if they share knowledge obtained during a financial literacy training. Our main results are that incentives increase knowledge sharing, and that it may be cost-effective to provide such incentives. We also document an absence of assortative matching in the social learning process.

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CITATION: Sseruyange, John. Do Incentives Matter for the Diffusion of Financial Knowledge? Experimental Evidence from Uganda . : Oxford University Press , 2018. Journal of African Economies, Vol. 27, No. 5, November 2018 pp. 612-631 - Available at: http://library.au.int/do-incentives-matter-diffusion-financial-knowledge-experimental-evidence-uganda