Filter Results
:
(10)
Show Results For
-
All HBS Web
(105)
- Faculty Publications (10)
Show Results For
-
All HBS Web
(105)
- Faculty Publications (10)
Page 1 of
10
Results
- 2022
- Article
Alleviating Time Poverty Among the Working Poor: A Pre-Registered Longitudinal Field Experiment
By: A.V. Whillans and Colin West
Poverty entails more than a scarcity of material resources—it also involves a shortage of time. To examine the causal benefits of reducing time poverty, we conducted a longitudinal feld experiment over six consecutive weeks in an urban slum in Kenya with a sample of...
View Details
Keywords:
Time;
Subjective Well Being;
Administrative Costs;
Friction;
Poverty;
Well-being;
Money;
Perception;
Kenya
Whillans, A.V., and Colin West. "Alleviating Time Poverty Among the Working Poor: A Pre-Registered Longitudinal Field Experiment." Art. 719. Scientific Reports 12 (2022).
- 2021
- Working Paper
Stock Investors' Returns Are Exaggerated
By: Jesse M. Fried, Paul Ma and Charles C.Y. Wang
The stock market generates less wealth than it appears. We show that total shareholder return (TSR), the standard measure of stock investor performance, substantially exaggerates returns earned by these investors in aggregate, and thus by most investors. The main...
View Details
Keywords:
All-shareholder Returns;
Capital Flows;
Dividend Reinvestment;
Equity Premium;
Total Shareholder Returns;
Stocks;
Investment Return;
Market Timing
Fried, Jesse M., Paul Ma, and Charles C.Y. Wang. "Stock Investors' Returns Are Exaggerated." Harvard Business School Working Paper, No. 22-036, November 2021.
- 2021
- Working Paper
Alleviating Time Poverty among the Working Poor
By: Ashley Whillans and Colin West
Poverty entails more than a scarcity of material resources—it also involves a shortage of time. To examine the causal benefits of reducing time poverty, we conducted a longitudinal field experiment over six consecutive weeks in an urban slum in Kenya with a sample of...
View Details
Keywords:
Time-saving Services;
Subjective Well-being;
Time Use;
Cash Transfers;
Poverty;
Time Management;
Well-being
Whillans, Ashley, and Colin West. "Alleviating Time Poverty among the Working Poor." Harvard Business School Working Paper, No. 22-032, November 2021.
- 2021
- Working Paper
Friends and Family Money: P2P Transfers and Financially Fragile Consumers
By: Tetyana Balyuk and Emily Williams
We assess the impact that real time money transfer technology has on consumer outcomes, particularly during periods of financial fragility. We do this by developing a new data set that documents use of Zelle—the most widely used P2P money transfer technology in the...
View Details
Keywords:
P2P Money Transfers;
Real Time Payments;
Fintech;
Finance;
Technology;
Personal Finance;
Financial Condition
Balyuk, Tetyana, and Emily Williams. "Friends and Family Money: P2P Transfers and Financially Fragile Consumers." Working Paper, November 2021.
- 2020
- Working Paper
Income Volatility Increases Financial Impatience
By: Colin West, A.V. Whillans and Sanford DeVoe
Using a multi-method approach, we investigate whether income volatility is associated with financial impatience—the preference to receive a small sum of money immediately over a larger sum of money later. We find that experiencing more income volatility—including a...
View Details
Keywords:
Income Volatility;
Compensation;
Impatience;
Time Preferences;
Income;
Personal Finance;
Behavior;
Demographics;
Policy
West, Colin, A.V. Whillans, and Sanford DeVoe. "Income Volatility Increases Financial Impatience." Harvard Business School Working Paper, No. 21-053, October 2020.
- 2018
- Working Paper
Helping Children Catch Up: Early Life Shocks and the Progresa Experiment
By: Achyuta Adhvaryu, Anant Nyshadham, Theresa Molina and Jorge Tamayo
Can investing in children who faced adverse events in early childhood help them catch up? We answer this question using two orthogonal sources of variation – resource availability at birth (local rainfall) and cash incentives for school enrollment – to identify the...
View Details
Adhvaryu, Achyuta, Anant Nyshadham, Theresa Molina, and Jorge Tamayo. "Helping Children Catch Up: Early Life Shocks and the Progresa Experiment." NBER Working Paper Series, No. 24848, July 2018.
- March 2018
- Case
GiveDirectly
How should nonprofits design compensation systems to attract and retain talent? GiveDirectly is a respected charitable organization with an unconventional approach. Instead of spending on traditional aid programs in areas such as health care and food access in...
View Details
Keywords:
Nonprofits;
Charity;
Effective Altruism;
International Aid;
Compensation;
Goals;
Bonuses;
Incentives;
GiveDirectly;
Compensation and Benefits;
Motivation and Incentives;
Goals and Objectives;
Recruitment;
Philanthropy and Charitable Giving
Beshears, John, Joshua Schwartzstein, Tiffany Y. Chang, and Brian J. Hall. "GiveDirectly." Harvard Business School Case 918-036, March 2018.
- March 2016
- Case
M-Pesa: Financial Inclusion in Kenya
By: Rajiv Lal, Lisa Cox and Sarah McAra
M-Pesa, a mobile money transfer service launched in 2007 in Kenya by telecommunications company Safaricom, allowed people to send money via mobile messaging to contacts, such as friends and family, or even to pay for goods and services, such as groceries or a taxi...
View Details
- July–August 2014
- Article
The Crisis in Retirement Planning
By: Robert C. Merton
Corporate America began to really take notice of the looming retirement crisis in the wake of the dot-com crash, when companies in major industries went bankrupt in large part because of their inability to meet their pension obligations. The result was an acceleration...
View Details
Merton, Robert C. "The Crisis in Retirement Planning." Harvard Business Review 92, nos. 7/8 (July–August 2014): 43–50.
- 2023
- Chapter
Don't Waste Recipients' Time: How to Save and Give Time in Cash Transfer Programs
By: Colin West and Ashley Whillans
A critical, overlooked benefit of cash transfers, relative to other forms of economic assistance, is that they can be provided without imposing significant time-costs. Innovations in financial technology have made it possible to provide cash transfers to even the...
View Details
West, Colin, and Ashley Whillans. "Don't Waste Recipients' Time: How to Save and Give Time in Cash Transfer Programs." Chap. 8 in Using Cash Transfers to Build an Inclusive Society: A Behaviourally Informed Approach, edited by Jiaying Zhao, Saugato Datta, and Dilip Soman. Toronto: University of Toronto Press, forthcoming.