Publication Information
Most economic decisions that individuals take are forward-looking and are therefore shaped by the desire or ambition to achieve a goal. And yet, little is known about how aspirations shape decision-making. Our paper partially addresses this gap using a rich longitudinal dataset following a cohort of children in Ethiopia for over a decade between the age of 8 and 19. We investigate the role of early aspirations for human capital investments in a context of poverty, traditional social expectations and gender roles. More specifically, we focus on three related questions.
Most economic decisions that individuals take are forward-looking and are therefore shaped by the desire or ambition to achieve a goal. And yet, little is known about how aspirations shape decision-making. Our paper partially addresses this gap using a rich longitudinal dataset following a cohort of children in Ethiopia for over a decade between the age of 8 and 19. We investigate the role of early aspirations for human capital investments in a context of poverty, traditional social expectations and gender roles. More specifically, we focus on three related questions.