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Using Lotteries to Attract Deposits

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NBER2023-08-01 更新2025-01-04 收录
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Despite the importance of deposit financing for lending, banks in developing countries struggle to attract deposits. In a randomized experiment across 110 bank branches throughout Mexico, a lottery incentive based on net monthly deposits caused a 40% increase in the number of accounts opened and a

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2023-08-01
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