The Nobel Prize winner in Economics Abhijit Banerjee, on March 11 at Spain’s Ministry of Inclusion. INMA FLORES The experiment took place in Kenya and involved two groups of poor people chosen at random. Those in group A would receive a fixed payment every month for 12 years. Those in group B would be given the same monthly stipend but only for two years. Which of the two groups would be more likely to invest ? Abhijit Banerjee, 63, was one of the people in charge of the experiment, and he was expecting to find more investors among those […]
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