Can I read Poverty on EtoBox?
Poverty by jumartinezva is a document available to read on EtoBox.
What is Poverty about?
The document discusses how poverty can perpetuate itself by impairing self-control, particularly through the lens of quasi-hyperbolic preferences and credit constraints. It argues that low initial assets limit self-control, trapping individuals in poverty, while higher initial assets allow for indefinite accumulation. The findings suggest that even temporary policies aimed at initiating asset accumulation among the poor can be effective, highlighting the importance of access to credit and commitment devices
- Author
- jumartinezva
- Language
- EN