BREAD Working Paper No. 533, January 2018

Unpacking a Multi-Faceted Program to Build Sustainable Income for the Very Poor

Abhijit Banerjee, Dean Karlan, Robert Osei, Hannah Trachtman, Christopher Udry

Abstract

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: development; poverty trap; social protection

JEL classification codes: D12,012,017

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