Changing Households’ Investments and Aspirations through Social Interactions : Evidence from a Randomized Transfer Program

Low aspirations can limit households investments and contribute to sustained poverty. Vice versa, increased aspirations can lead to investment and upward mobility. Yet how aspirations are formed is not always well understood. This paper analyzes t...

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Bibliographic Details
Main Authors: Macours, Karen, Vakis, Renos
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091120144603
http://hdl.handle.net/10986/4330