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Female Empowerment: Impact of a Commitment Savings Product in the Philippines

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  • Ashraf, Nava
  • Karlan, Dean S.
  • Yin, Wesley

Abstract

Female 'empowerment' has increasingly become a policy goal, both as an end to itself and as a means to achieving other development goals. Microfinance in particular has often been argued, but not without controversy, to be a tool for empowering women. Here, using a randomized controlled trial, we examine whether access to an individually-held commitment savings product leads to an increase in female decision-making power within the household. We find positive impacts, particularly for women who have below median decision-making power in the baseline, and we find this leads to a shift towards female-oriented durables goods purchased in the household.

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Bibliographic Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6195.

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Date of creation: Mar 2007
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Handle: RePEc:cpr:ceprdp:6195

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Keywords: commitment; female empowerment; household decision making; microfinance; savings;

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References

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