Cashing In (and Out): Experimental Evidence on the Effects of Mobile Money in Malawi.

The article investigates into the adoption of mobile money services in Malawi through a randomized controlled trial conducted among microentrepreneurs from 2017-2018. Topics discussed include economic impact of mobile money services, use of the mobile money accounts for the purpose of saving more than money transfers, and effects on labor supply, expenditures, and interpersonal transfers.