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Are microloans bad for growth?
Emerson, Patrick M.; McGough, Bruce - 2010
externalities (social returns to education) there exists a range of microloan amounts that are growth depressing and welfare … divert investment away from human capital: by failing to internalize the social returns to education, households …
Persistent link: https://www.econbiz.de/10009153583
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The short- and longer-term effects of a child labor ban
Piza, Caio; Souza, André Portela; Emerson, Patrick M.; … - 2022
Are bans effective at lowering child labor and increasing school attendance and, if so, do these effects lead to positive outcomes later in life? This paper seeks to answer these questions by examining the effect of a 1998 Brazilian law that increased the minimum employment age from 14 to 16. To...
Persistent link: https://www.econbiz.de/10013209861
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Entrepreneurship, institutions and skills in low-income countries
Brixiova, Zuzana; Égert, Balázs - 2017
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment … environment tend to be more effective in creating productive firms when accompanied by narrowing skill gaps. Similarly, more … conducive business regulations amplify the positive impact on firm creation of better education and reduced skill mismatches. To …
Persistent link: https://www.econbiz.de/10011641557