Tag: Investments

• March 3, 2021

  Higher Aspirations, Less Investment? Some New Experimental Evidence

  New research by David McKenzie, Aakash Mohpal, and Dean Yang finds that exogenously increased financial aspirations lead to less borrowing and business investments two years later. This finding is consistent with existing evidence, using observational data, of an inverted U-shaped relationship between the aspirations gap and ‘future oriented’ behavior such as investments (by me), education…
• February 1, 2021

  “Aspirations and Investments in Rural Myanmar”—Forthcoming

  In 2014, while I was completing my M.S. degree at MSU, I worked as a research assistant on a data collection project in Mon State Myanmar. As part of this work, I designed a module to be included in a larger household survey that aimed to measure the hopes and aspirations of respondents. That initial…