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...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/475171615987748251/Aspirations-and-Financial-Decisions-Experimental-Evidence-from-the-Philippines http://hdl.handle.net/10986/35294 |