Karlan, Dean; Knight, Ryan; Udry, Christopher - Economic Growth Center, Economics Department - 2012
microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital … inputs to microenterprises, specifically financial capital (a cash grant) and managerial capital (consulting services), to … operations. The small meta analysis includes results from 18 other experiments in which either capital or managerial capital were …