The inequality of opportunity theory postulates that achievement gaps arising because of factors beyond the individual's control are morally unacceptable and should therefore be compensated by society. These factors or circumstances range from the individual's social background to adverse...

This paper uses 1-2-3 survey data on the Democratic Republic of Congo to analyze heterogeneity in the informal sector. It empirically identifies three types of entrepreneurs in the sector. The first group of entrepreneurs-top performers-is growth oriented and enjoys greater access to capital....