Unpacking a Multi-Faceted Program to Build Sustainable Income for the Very Poor
Abhijit Banerjee, Dean Karlan, Robert Osei, Hannah Trachtman, Christopher Udry
A multi-faceted program comprising a grant of productive assets, training, coaching, and savings has been found to build sustainable income for those in extreme poverty. We focus on two important questions: whether a mere grant of productive assets would generate similar impacts (it does not), and whether access to a savings account and a deposit collection service would generate similar impacts (it does not).
Keywords: Poverty Alleviation, Returns to Capital
JEL Codes: O12, I38