Tag
poverty_trap
2 findings
DevelopmentPoverty Productivity TaxBelow-median wealth workers experienced a 0.204 SDs (13.0%) output increase (p=0.003) and a 0.133 SD decrease in attentional lapses (p=0.037) following cash receipt, whereas above-median wealth workers showed virtually zero productivity response (+0.014 SDs, p=0.819).RCTEconomics (general)Psychological Poverty TrapAlleviating financial strain via early wage payments increased production by 0.27 plates per hour (a 7 percent increase) and high attentiveness by 7.7 percentage points (a 17.1 percent increase), establishing that cognitive distraction from financial distress actively suppresses labor efficiency.Expert Theory