The future in mind: Aspirations and forward-looking behaviour in rural Ethiopia

Poor people often do not make investments, even when returns are high. One possible explanation is that they have low aspirations and form mental models of their future opportunities which ignore some options for investment. This paper reports on a field experiment to test this hypothesis in rural E...

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Bibliographic Details
Main Authors: Tanguy, B, Dercon, S, Orkin, K, Taffesse, A
Format: Working paper
Published: Centre for Economic Policy Research 2014