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Reducing debt improves psychological functioning and changes decision-making in the poor

We examine how chronic debt affects behavior by studying how a large, unanticipated debt-relief program affected psychological functioning and economic decision-making in beneficiaries. A charity granted low-income households debt relief worth up to Singapore dollars 5,000 (∼3 month’s household inco...

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Detalles Bibliográficos
Autores principales: Ong, Qiyan, Theseira, Walter, Ng, Irene Y. H.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: National Academy of Sciences 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6462060/
https://www.ncbi.nlm.nih.gov/pubmed/30910964
http://dx.doi.org/10.1073/pnas.1810901116