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Full-Text Articles in Social and Behavioral Sciences
Can Aspiration And Financial Literacy Interventions Relieve Internal Constraints? Evidence From Uganda And India, Veronika Divis
Can Aspiration And Financial Literacy Interventions Relieve Internal Constraints? Evidence From Uganda And India, Veronika Divis
Master's Theses
Can aspiration and financial literacy interventions relieve internal constraints? We address this question through a novel experiment in Uganda and India, using 617 participants in 89 already existing borrowing groups of microfinance institutions. We carry out aspiration and financial literacy treatments as well as a combined treatment group which received both treatments to measure effects on aspirations, hope, agency, and pathway indices. Results show that receiving the aspirations treatment led to 0.34, 0.42, 0.18, and 0.40 standard deviation increases in aspirations, agency, pathways, and aspirational hope, respectively. The game and combined treatment groups also showed positive effects but lacked statistical …
Leveling Up Financial Literacy: Evidence From Game-Based Intervention With Aspiration Treatment Amongst Rural Women In India, Akash Shaji
Master's Theses
In India, rural women exhibit notably low financial literacy levels, necessitating effective and scalable educational interventions. Our randomized controlled trial evaluated a novel approach, combining game-based financial literacy education with a video documentary-based aspirations intervention, targeting women in self-help groups in Karnataka. The study included 348 participants and employed an ANCOVA model adjusted for clustering to analyze the effects. The results demonstrate significant improvements in financial literacy and aspirations, particularly when interventions are combined. The game-based intervention alone significantly enhanced digital literacy, financial confidence, and behavioral indices such as agency, pathways, and aspirations. The aspirations intervention also independently affected financial …
Do Letters And Gifts From International Sponsors Affect Child Outcomes? Evidence From Colombia, Ghana, And Haiti, Mai Moua
Master's Theses
Past research has found child sponsorship results in higher aspirations, mental health, and educational outcomes. In this research, I explore the extent to which these outcomes can be influenced by letters and gifts sent from the sponsor to the child. However, there is limited research on the effects of direct relationship between sponsor and child. Using 1142 sponsor letters and a 2017 survey from Compassion International, an international child sponsorship organization, we find that letters and gifts from sponsors have a statistically insignificant impact on outcomes including education, mental health, aspirations, social connectedness, nutrition, religiosity, hygiene, and views on drugs, …
Aspirations As A Component Of Life Satisfaction: A Look At Female Microfinance Borrowers In Oaxaca, Mexico, Joseph E. Kemler
Aspirations As A Component Of Life Satisfaction: A Look At Female Microfinance Borrowers In Oaxaca, Mexico, Joseph E. Kemler
Master's Theses
This research is an extension to the Oaxaca Hope Project by B. Wydick and T.J. Lybbert. How does an individual gauge her own satisfaction with life? Previous research has noted that many domains make up overall life satisfaction, i.e. career satisfaction, family life satisfaction & social life satisfaction. A burgeoning topic in this regard is the role that aspirations play in life satisfaction. Using survey data from female microfinance borrowers in Oaxaca, Mexico this project attempts to analyze the affect previous aspirations have on life satisfaction. By creating an “aspirational window” we objectively attempt to gauge the relationship between “high” …
Developing Hope: The Impact Of International Child Sponsorship On Self-Esteem And Aspirations, Paul Glewwe, Phillip H. Ross, Bruce Wydick
Developing Hope: The Impact Of International Child Sponsorship On Self-Esteem And Aspirations, Paul Glewwe, Phillip H. Ross, Bruce Wydick
Economics
Recent research (Wydick, Glewwe, and Rutledge, 2013) finds positive and statistically significant impacts on adult life outcomes from child sponsorship, including large impacts on schooling outcomes, the probability and quality of employment, occupational choice, and community leadership. This paper uses data from two countries to explore whether these impacts may be due not only to a relaxation of external constraints, but also to higher aspirations among sponsored children. We use survey data from Kenya and Indonesia, and psychological data from Indonesian children’s self-portraits, to test whether sponsorship significantly affects psychological variables in children that are likely to foster better economic …