How Important Is Temptation Spending? Maybe Less than We Thought.

Autor: Brune L; Global Poverty Research Lab at Northwestern University, in Evanston, IL., Kerwin JT; Department of Applied Economics at the University of Minnesota, in Saint Paul, MN., Li Q; Department of Applied Economics at the University of Minnesota, in Saint Paul, MN.
Jazyk: angličtina
Zdroj: The World Bank economic review [World Bank Econ Rev] 2022 Jan 08; Vol. 36 (2), pp. 433-454. Date of Electronic Publication: 2022 Jan 08 (Print Publication: 2022).
DOI: 10.1093/wber/lhab027
Abstrakt: Temptation plays a key role in theoretical work on spending and saving in developing countries. The limited empirical evidence on its importance, however, suggests that cash transfers do not induce increases in temptation spending. This paper expands the evidence base by studying the effect of randomized exposure to temptation on spending decisions in rural Malawi. Consistent with the cash transfer literature, a more tempting environment does not induce significant changes in temptation spending. However, the magnitudes of both temptation spending levels and the treatment effects are somewhat sensitive to the definition of temptation spending used. This paper examines the potential factors that may be driving these null results, and suggests that future research may find a limited role for temptation in the economic decisions of the poor.
(© The Author(s) 2022. Published by Oxford University Press on behalf of the International Bank for Reconstruction and Development / THE WORLD BANK.)
Databáze: MEDLINE
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