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Crime and Persistent Punishment : A Long-Run Perspective on the Links between Violence and Chronic Poverty in Mexico
Martinez-Cruz, Adan L. - 2017
The relationship between violence and chronic poverty has been studied mostly in the context of war or long … shattering of infrastructure impacts the chance that poverty may remain chronic. A long-run perspective is gained by analyzing … chronically poor if the percentage of people in food poverty remains above the national average during two consecutive periods …
Persistent link: https://www.econbiz.de/10012968748
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Crime and Growth Convergence : Evidence from Mexico
Enamorado, Ted - 2017
. Combining income data from poverty maps, administrative records on crime and violence, and public expenditures data at the …
Persistent link: https://www.econbiz.de/10012973662
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Learning the Impact of Financial Education When Take-Up is Low
Lara Ibarra, Gabriel - 2017
Financial education programs are increasingly offered by governments, nonprofits, and financial institutions. However, voluntary participation rates in such programs are often very low, posing a severe challenge for randomized experiments attempting to measure their impact. This study uses a...
Persistent link: https://www.econbiz.de/10012943986
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The Abcs of Financial Education : Experimental Evidence on Attitudes, Behavior, and Cognitive Biases
Carpena, Fenella - 2017
This paper uses a large scale field experiment in India to study attitudinal, behavioral, and cognitive constraints that stymie the link between financial education and financial outcomes. The study complements financial education with (i) participant classroom motivation with pay for...
Persistent link: https://www.econbiz.de/10012971022
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Why is Voluntary Financial Education so Unpopular? Experimental Evidence from Mexico
Bruhn, Miriam - 2017
Take-up of voluntary financial education programs is typically extremely low. This paper reports on randomized experiments around a large financial literacy course offered in Mexico City to understand the reasons for low take-up, and to measure the impact of financial education. It documents...
Persistent link: https://www.econbiz.de/10012974421
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Harnessing Emotional Connections to Improve Financial Decisions : Evaluating the Impact of Financial Education in Mainstream Media
Berg, Gunhild - 2017
This paper exploits the emotional connections and viewer attentiveness of mainstream media to evaluate the economic impact of financial education messages on debt management delivered through a popular television soap opera in South Africa. The study uses a symmetric encouragement design to...
Persistent link: https://www.econbiz.de/10012974487
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The Impact of Financial Literacy Training for Migrants
Gibson, John - 2017
Remittances are a major source of external finance for many developing countries but the cost of sending remittances remains high for many migration corridors. International efforts to lower costs by facilitating the entry of new financial products and new cost comparison information sources...
Persistent link: https://www.econbiz.de/10012975228
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Financial Literacy and the Financial Crisis
Klapper, Leora F. - 2017
The ability of consumers to make informed financial decisions improves their chances of having sound personal finance. This paper uses a panel dataset from Russia, where consumer loans grew at an astounding rate -- from about US$10 billion in 2003 to over US$170 billion in 2008 -- to examine the...
Persistent link: https://www.econbiz.de/10012975424
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Financial Literacy and Retirement Planning : The Russian Case
Klapper, Leora F. - 2017
The authors examine the association of financial literacy with retirement planning in Russia, a country with a relatively old and rapidly aging population, large regional disparities, and a rapidly emerging financial market. They find that only 36.3 percent of respondents in the sample...
Persistent link: https://www.econbiz.de/10012975725
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Stimulating Managerial Capital in Emerging Markets : The Impact of Business and Financial Literacy for Young Entrepreneurs
Bruhn, Miriam - 2017
Identifying the determinants of entrepreneurship is an important research and policy goal, especially in emerging market economies where lack of capital and supporting infrastructure often imposes stringent constraints on business growth. This paper studies the impact of a comprehensive business...
Persistent link: https://www.econbiz.de/10012976035