Determinants of saving among low-income individuals in rural Uganda: Evidence from AssetsAfrica.

Although research has shown that poor people in sub-Saharan Africa (SSA), including those living in rural areas save, little is known about the factors that influence saving and asset accumulation among this population. Using three theoretical perspectives on saving and asset accumulation, this study examines the broader determinants of saving and asset accumulation among low-income individuals in rural Uganda. Compared with the individual-oriented and sociological perspectives, institutional theory explains a large part of the variance in saving outcome among rural, low-income households. Wealth, proximity to financial institutions, financial education, and financial incentives are positively associated with higher saving performance. Findings suggest that poor people can and do save, particularly when institutional barriers to saving are removed. Institutional structures, which encourage low-income individuals to save, may contribute to a poverty reduction policy that shifts from just income supplementation to a more inclusive wealth promotion policy that assists people in creating their own pathways out of poverty

An asset approach to increasing perceived household economic stability among families in Uganda

In this study, we examine whether participating in an asset building intervention leads to higher perceived household economic stability among a group of Ugandans. After controlling for possible selection bias using propensity score matching, perceived household economic stability is tested using difference-in-differences. Results suggest that participating in the asset intervention has a statistically significant positive effect on the treatment group's perceived household economic stability. Policy and research implications are discussed.Asset building Uganda Propensity score matching Difference-in-Difference

The Role of Child and Parent Savings in Promoting Expectations for University Education Among Middle School Students in Ghana: A Propensity Score Analysis

The Role of Child and Parent Savings in Promoting Expectations for University Education Among Middle School Students in Ghana: A Propensity Score Analysi