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833期 11月17日 :Does Financial Support for Education Improve Economic Rationality?(Synjoo Choi, Seoul National University)

【主讲】Synjoo Choi (Seoul National University)

【主题】Does Financial Support for Education Improve Economic Rationality?

【时间】2017年11月17日 (周五) 13:30-15:00

【地点】上海财经大学经济学院楼701室

【语言】英文

【摘要】Economic rationality is one of the most fundamental criteria of the quality of decision-making. This paper reports the causal effects of financial support for education on economic rationality, measured by the consistency of decision making. We randomly provided financial support for education to 2,424 female 9th and 10th graders from 33 public schools in Malawi. We find that those treated are more likely to pass the 10th grade qualification exam. The impacts are almost three times larger in 9th graders than 10th graders. Similarly, treated 9th graders have about 3 percentage point higher consistency scores measured in both risk and time domains while we do not find such a change for 10th graders. It suggests that education support enhances not only educational outcomes but also the quality of economic decision-making.

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