Mobile Banking and Remittance among Migrant Workers: Experimental Evidence from Bangladesh

Principal Investigator

• Dr. Abu S. Shonchoy
• Dr. Jonathan Morduch
• Dr. Jean N. Lee

Project Area

District: Gaibandha

Project Background


Project Description

The experiment, titled “Mobile Banking and Remittance among Migrant Workers: Experimental Evidence from Bangladesh”, is being conducting to understand impacts of mobile banking among urban migrant workers and their rural households in Bangladesh using  field experiment.

MOMODa in a partner's collaboration with New York University, South Asian Network on Economic Modeling (SANEM), International Growth Centre (IGC) and Gana Unnayan Kendra (GUK) implemented the project.

The aims of the project are to analyze the adoption behavior of mobile banking service, and the impact of using the service on wellbeing and shock absorption capacity of the participants of the experiments.
From a pool of 2100 samples, we have finally randomized among 835 samples and divided into statistically identical two groups- treatment and control. These samples also have their urban counterpart working in different sectors. We have conducted a baseline survey for both rural households and urban migrant worker(s) from those households.
We have, then, trained our treatment group on how to open a mobile banking account and how to operate it. During provision of treatment we have divided treatment group into four subgroups to test peer effect and others. We are now conducting Willingness To Pay (WTP) survey to test the consumption behavior of the treatment and control group with or without having mobile banking account.
After conducting a follow-up survey we will be analyzing the data and preparing for dissemination and policy dialogue.