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Do poor parents respond inefficiently to future returns on investments, even when they would have the financial means to invest optimally? Combining multiple experiments, we document that when parents of high-school students in Brazil are offered the opportunity to invest in an educational...
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Poverty focuses attention on present needs. Does that mean that poor parents respond inefficiently to future returns on …, but also, significantly more when predicted returns are low. We show that such inefficient responses are driven by poverty …
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Poverty involves both low income levels and high income uncertainty. Do both these dimensions of being poor capture … attention in ways that distort decision-making and trap people in poverty? We examine these issues using real-life shocks faced … the poorest households. The net adverse impacts on cognitive function prevail even though both dimensions of poverty …
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responsive to policies. Finally, we describe the emerging literature on the psychology of poverty, which argues that living in … poverty itself may causally affect cognitive function, decision-making, and productivity. …
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distress and non-cognitive skills development of adolescents; both self-reported and more objectively measured bio-measures are … non-cognitive skills development of adolescents living in the same household. However, considerable heterogeneity in these … link between parental health/disability and adolescents' mental distress. Our findings suggest that each parent's health …
Persistent link: https://www.econbiz.de/10015050815