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Assets and the Poor: New American Welfare Policy
As revolution swept over Russia and empires collapsed in the final days of World War I, Azerbaijan and neighbouring Georgia and Armenia proclaimed their independence in May 1918. During the ensuingExpand
Institutional determinants of saving: implications for low-income households and public policy
Abstract There is an emerging policy and academic discussion, supported by a growing body of empirical evidence, regarding the potentially positive effects of asset accumulation in low-incomeExpand
Do parental assets matter for children's educational attainment?: Evidence from mediation tests
This study investigates (1) the effects of parental assets on children's educational attainment from high school completion to college degree attainment, and (2) mediating roles played by parentalExpand
Income, Institutions, and Saving Performance in Individual Development Accounts
This article examines the relationship between income and saving performance in Individual Development Accounts (IDAs). The authors first discuss theories of saving. Next, for IDA participants in theExpand
Drop-Out from Individual Development Accounts: Prediction and Prevention
Abstract Individual Development Accounts (IDAs) provide matches for savings by the poor used to build assets. But IDAs cannot help if participants drop out. What predicts drop-out? For IDAs in theExpand
Assets, Expectations, and Children’s Educational Achievement in Female‐Headed Households
This study examines the relationships of mother's assets (home ownership and savings) to, respectively, mother's expectations of child's educational achievement and child's actual educationalExpand
Integrating Saving into Microenterprise Programs for the Poor: Do Institutions Matter?
This study examines factors that affect saving performance among participants in a subsidized saving program who intend to use their savings to help capitalize a microenterprise. Using data from 14Expand