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Rosca Participation in Benin : a Commitment Issue

  • Olivier Dagnelie

    (CRED - University of Namur)

  • Philippe LeMay

    (CRED - University of Namur)

In the light of first-hand data from a Beninese urban household survey in Cotonou, we investigate several motives aiming to explain participation in Rotating Savings and Credit ASsociations. We provide empirical findings which indicate that individuals use their participation in a rosca as a device to discipline themselves to save money and commit against problems of self-control.

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File URL: http://128.118.178.162/eps/dev/papers/0511/0511026.pdf
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Paper provided by EconWPA in its series Development and Comp Systems with number 0511026.

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Length: 28 pages
Date of creation: 22 Nov 2005
Date of revision:
Handle: RePEc:wpa:wuwpdc:0511026
Note: Type of Document - pdf; pages: 28
Contact details of provider: Web page: http://128.118.178.162

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