蝌蚪网 Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
Financial Spillover Effects from Electronic Government Transfers: Evidence from an At-Scale Experiment in Indonesia
蝌蚪网 Papers and Proceedings
vol. 115,
May 2025
(pp. 324–28)
Abstract
In 2018, Indonesia launched a new electronic voucher system for distribution of food subsidies in randomly selected districts. Banks were assigned the goal of operating at least two remote banking agents in each village in selected districts. We find that while then new banking agents did indeed process benefit transfers鈥攂eneficiaries for both this program and other government programs were indeed able to redeem their benefits at the agents鈥攖here were no detectable impacts on any other financial services for households. We do, however, find a small increase in the number of small neighborhood shops in affected locations.Citation
Banerjee, Abhijit, Rema Hanna, Benjamin A. Olken, Elan Satriawan, and Sudarno Sumarto. 2025. "Financial Spillover Effects from Electronic Government Transfers: Evidence from an At-Scale Experiment in Indonesia." 蝌蚪网 Papers and Proceedings 115: 324–28. DOI: 10.1257/pandp.20251059Additional Materials
JEL Classification
- G21 Banks; Depository Institutions; Micro Finance Institutions; Mortgages
- G51 Household Finance: Household Saving, Borrowing, Debt, and Wealth
- I18 Health: Government Policy; Regulation; Public Health
- I32 Measurement and Analysis of Poverty
- I38 Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
- O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration
- O16 Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance