How Soon Is Now? Evidence of Present Bias from Convex Time Budget Experiments
Empirically observed intertemporal choices about money have long been thought to exhibit present bias, i.e. higher short-term compared to long-term discount rates. Recently, this view has been called into question…
How to help poor informal workers to save a bit: Evidence from a field experiment in Kenya.
Worldwide, the majority of workers hold jobs in the informal sector that do not provide access to social insurance programs. We partnered with a savings product provider in Kenya to…