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De-biasing Over-Optimism about Covid-19 Risks to Limit Vulnerable Individuals' Risky Behavior in India

Researchers are evaluating the impact of providing different types of information about the health risks of Covid-19 on individuals’ risky behavior among diabetic and hypertensive individuals in Tamil Nadu, India, with special attention to de-biasing over-optimism about personal health risk.

Promoting High Impact Entrepreneurship in Mexico

A lack of access to finance can impede the potential for growth among small firms. To meet this finance gap and to encourage high-growth entrepreneurship, governments and multilateral agencies throughout the developing world often directly fund small and medium enterprises. Governments, however...

Increasing Financial Aspirations to Improve Financial Decision-Making and Outcomes in the Philippines

David McKenzie
Aakash Mohpal
Researchers conducted a randomized evaluation to test whether encouraging entrepreneurs to raise their aspirations helped them improve their financial decisions and outcomes. The aspirations training led individuals to set higher savings goals, but most participants failed to achieve their goals.