Changing Households' Investment Behaviour Through Social Interactions with Local Leaders: Evidence from a Randomised Transfer Programme

27 Pages Posted: 23 May 2014

See all articles by Karen Macours

Karen Macours

Paris School of Economics (PSE)

Renos Vakis

The World Bank

Date Written: May 2014

Abstract

This article analyses the role of interactions with local leaders in amplifying poor households' investment response to a social programme. The causal effect of social interactions is identified through the randomised assignment of leaders and other beneficiaries to three different interventions aimed at increasing human capital and productive investments. Social interactions are found to augment programme impacts on households' investments in education, nutrition and incomeā€generating activities and to affect households' attitudes towards the future.

Suggested Citation

Macours, Karen and Vakis, Renos, Changing Households' Investment Behaviour Through Social Interactions with Local Leaders: Evidence from a Randomised Transfer Programme (May 2014). The Economic Journal, Vol. 124, Issue 576, pp. 607-633, 2014. Available at SSRN: https://ssrn.com/abstract=2441398 or http://dx.doi.org/10.1111/ecoj.12145

Karen Macours (Contact Author)

Paris School of Economics (PSE) ( email )

48 Boulevard Jourdan
Paris, 75014 75014
France

Renos Vakis

The World Bank ( email )

1818 H Street NW
Washington, DC 20043
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
1
Abstract Views
206
PlumX Metrics