Psychology, soft skills, or cash? Evidence on marginal investments (Record no. 528422)

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Personal name Lang,Megan Soule, Edward and Tinsley,Catherine H.
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Title Psychology, soft skills, or cash? Evidence on marginal investments
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Economic Development and Cultural Change
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Extent 73(1), Oct, 2024: p.423-450
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Summary, etc In the context of antipoverty programs, what are the benefits of marginal investments in interventions targeting soft skills or psychological well-being compared with direct economic assistance? We make progress on this question by benchmarking two programs against an unconditional cash transfer. One targets participants’ self-confidence and sense of agency using personal reflection and storytelling exercises. The other teaches soft skills: goal setting, public speaking, and networking. Relative to cash, the psychologically targeted intervention significantly improves psychosocial outcomes but not economic outcomes, while the soft skills program improves economic outcomes with few effects on psychosocial outcomes. However, when comparing the two interventions with one another, effects are statistically indistinguishable along most outcomes. Our results highlight the potential for targeted marginal investments in similarly designed interventions to improve specific outcomes.- Reproduced

https://www.journals.uchicago.edu/doi/10.1086/727787
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Main entry heading Economic Development and Cultural Change
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-12-05 73(1), Oct, 2024: p.423-450 AR133814 2024-12-05 Articles

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