Effect of a Prize-Linked Savings Intervention on Savings and Healthy Behaviors Among Men in Kenya
Author(s) -
Ellen Moscoe,
Kawango Agot,
Harsha Thirumurthy
Publication year - 2019
Publication title -
jama network open
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.278
H-Index - 39
ISSN - 2574-3805
DOI - 10.1001/jamanetworkopen.2019.11162
Subject(s) - transactional sex , psychological intervention , randomized controlled trial , savings account , demography , lottery , intervention (counseling) , gerontology , medicine , population , environmental health , economics , finance , psychiatry , surgery , sociology , research methodology , microeconomics
Key Points Question Do prize-linked savings accounts lead to increased savings and reduced spending on alcohol, gambling, and transactional sex among men in Kenya? Findings In this randomized clinical trial of 300 men, 37.3% who received a prize-linked savings intervention saved money in a bank account compared with 27.2% in the control group, although the difference was not significant. There were no significant differences in expenditures on alcohol, gambling, and transactional sex. Meaning Prize-linked savings interventions can increase savings among men but did not significantly differ from standard-interest savings accounts; more evidence is needed on their potential for reducing spending on risk behaviors.
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