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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
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Can War Foster Cooperation?
Bauer, Michal - 2016
In the past decade, nearly 20 studies have found a strong, persistent pattern in surveys and behavioral experiments from over 40 countries: individual exposure to war violence tends to increase social cooperation at the local level, including community participation and prosocial behavior. Thus...
Persistent link: https://www.econbiz.de/10012456363
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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
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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
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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
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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
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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
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On Measuring Global Poverty
Ravallion, Martin - 2019
The paper critically assesses prevailing measures of global poverty. A welfarist interpretation of global poverty lines is augmented by the idea of normative functionings, the cost of which varies across countries. In this light, current absolute measures are seen to ignore important social...
Persistent link: https://www.econbiz.de/10012480155
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On the Origins of the Idea of Ending Poverty
Ravallion, Martin - 2020
The late 18th century saw the intellectual germ of the idea of "ending poverty," but the idea did not get far in economics or policy making until much more recently. Over the 19th century, poverty rates fell substantially in Western Europe and North America, and we started to see mainstream...
Persistent link: https://www.econbiz.de/10012481111
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Globalization and Poverty
Harrison, Ann - 2006
This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of globalization: trade and international capital flows. Past researchers have argued that global economic integration should help the poor since poor countries have a comparative advantage...
Persistent link: https://www.econbiz.de/10012466318