Will the Working Poor Invest in Human Capital? A Laboratory Experiment
This paper presents the results of a laboratory experiment involving approximately 250 subjects in the Montreal area. The experiment focused on three main questions:
(1) Will the working poor invest in various assets?
(2) Are these subjects willing to delay consumption for substantial returns?
(3) How do these subjects view risky choices?
Answering these questions will inform the key research question: Given the right incentive, will the working poor save to invest in human capital?
Project Details
Capability: Experimentation
Policy Area: Adult Learning - Adult Training
Population: Low-income Populations - Social Assistance Recipients
Start Date: September 2001
Completion Date: February 2002
Sponsors: Human Resources and Skills Development Canada (HRSDC)
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