Cardiff University | Prifysgol Caerdydd ORCA
Online Research @ Cardiff 
WelshClear Cookie - decide language by browser settings

Mental accounting and remittances: A study of rural Malawian households

Davies, Simon, Easaw, Joshy ORCID: https://orcid.org/0000-0003-3476-4300 and Ghoshray, Atanu 2009. Mental accounting and remittances: A study of rural Malawian households. Journal of Economic Psychology 30 (3) , pp. 321-334. 10.1016/j.joep.2009.03.003

Full text not available from this repository.

Abstract

In this paper we use a behavioural approach to studying household consumption behaviour in Malawi. In particular we are interested to know whether households use mental accounting when consuming different categories of good. It is useful for assessing the impact of remittances on household consumption behaviour. We use 1998 cross-sectional data to find the following key results: (i) mental accounting systems are in operation; (ii) remittance income exhibits a lower marginal propensity to consume than other income sources, (iii) remittances are widely used to fund education consumption, (iv) credit plays an important role in funding education and farming.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
ISSN: 0167-4870
Date of Acceptance: 15 March 2009
Last Modified: 26 Oct 2022 08:16
URI: https://orca.cardiff.ac.uk/id/eprint/127062

Citation Data

Cited 17 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item Edit Item