Aspirations and Financial Decisions : Experimental Evidence from the Philippines

Aspirations and Financial Decisions : Experimental Evidence from the Philippines

A randomized experiment among poor entrepreneurs tested the impact of exogenously inducing higher financial aspirations. In theory, raising aspirations could have positive effects by inducing higher effort, but could also reduce effort if unmet asp...

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Bibliographic Details
Main Authors: McKenzie, David, Mohpal, Aakash, Yang, Dean
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
FINANCIAL LITERACY
FINANCIAL EDUCATION
SAVINGS
ENTREPRENEURSHIP
ASPIRATIONS
Online Access:http://documents.worldbank.org/curated/en/475171615987748251/Aspirations-and-Financial-Decisions-Experimental-Evidence-from-the-Philippines
http://hdl.handle.net/10986/35294

Internet

http://documents.worldbank.org/curated/en/475171615987748251/Aspirations-and-Financial-Decisions-Experimental-Evidence-from-the-Philippines
http://hdl.handle.net/10986/35294

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