Narrow search
Showing 1 - 10 of 212
Cover Image
Can Microfinance Unlock a Poverty Trap for Some Entrepreneurs?
Banerjee, Abhijit - 2019
, India, we find that "gung ho entrepreneurs" (GEs), households who were already running a business before microfinance …
Persistent link: https://www.econbiz.de/10012480290
Cover Image
When Can Public Policy Makers Rely on Private Markets? The Effective Provision of Social Services
Blank, Rebecca M. - 1999
The privatization of social services is being increasingly discussed. The social services market is characterized by multiple market failures, including informational asymmetries, agency problems, externalities, and distributional concerns. Consumers may care as much or more about quality of...
Persistent link: https://www.econbiz.de/10012471699
Cover Image
Aspirations and Financial Decisions : Experimental Evidence from the Philippines
McKenzie, David J.; Mohpal, Aakash; Yang, Dean - National Bureau of Economic Research - 2021
A randomized experiment among poor entrepreneurs tested the impact of exogenously inducing higher financial aspirations. In theory, raising aspirations could have positive effects by inducing higher effort, but could also reduce effort if unmet aspirations lead to frustration. Treatment resulted...
Persistent link: https://www.econbiz.de/10012496161
Cover Image
The Persistent Power of Behavioral Change : Long-Run Impacts of Temporary Savings Subsidies for the Poor
Schaner, Simone - 2016
-run impacts on experimental bank account use and almost entirely driven by growth in entrepreneurship. Temporary interest rates … directed to joint bank accounts had no detectable long-run impacts on entrepreneurship or income, but increased investment in …
Persistent link: https://www.econbiz.de/10012456145
Cover Image
Hoping to Win, Expected to Lose : Theory and Lessons on Micro Enterprise Development
Karlan, Dean - 2012
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10012460338
Cover Image
Give Me a Pass : Flexible Credit for Entrepreneurs in Colombia
Brune, Lasse; Giné, Xavier; Karlan, Dean - National Bureau of Economic Research - 2022
Microcredit promised business growth for small firms lacking access to banking loans. Yet while reaching millions, recent randomized evaluations suggest limited average business impacts. Critics often blame contract rigidity, specifically the fixed and frequent installments, for the lack of...
Persistent link: https://www.econbiz.de/10013462683
Cover Image
Immigrant Entrepreneurs and Innovation in the U.S. High-Tech Sector
Brown, J. David - 2019
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …
Persistent link: https://www.econbiz.de/10012479519
Cover Image
The rate and direction of inventive activity revisited
Lerner, Joshua (contributor); Stern, Scott (contributor) - 2012
Persistent link: https://www.econbiz.de/10009551980
Cover Image
Corporate Social Responsibility and Imperfect Regulatory Oversight : Theory and Evidence from Greenhouse Gas Emissions Disclosures
de Bettignies, Jean-Etienne - 2020
This paper develops and tests a model in which 1) purpose-driven firms emerge as an optimal organizational form even for profit-maximizing entrepreneurs; and 2) CSR arises endogenously as a response to imperfect regulatory oversight. Purpose-driven organizations allow entrepreneurs to create...
Persistent link: https://www.econbiz.de/10012482378
Cover Image
When Is Social Responsibility Socially Desirable?
de Bettignies, Jean-Etienne - 2015
We study a model in which corporate social responsibility (CSR) arises as a response to inefficient regulation. In our model, firms, governments, and workers interact. Firms generate profits but create negative spillovers that can be attenuated through government regulation, which is set...
Persistent link: https://www.econbiz.de/10012457304