Small entrepreneurs in poor countries achieve relatively high marginal returns to capital but show only low re-investment rates. The literature is rather inconclusive about the possible causes. We explore whether ‘forced redistribution’, i.e. abusive demands by the kin, affects the...

We use a representative sample of informal entrepreneurs in Madagascar to add new evidence on the magnitude of the gender performance gap. After controlling for business and entrepreneur characteristics, female-owned businesses exhibit a value added 28 percent lower than their male counterparts....

Using a unique panel of household businesses for Vietnam, this paper sheds light on the links between households’ and entrepreneurs’ social networks and business performance. We address two related questions. One first question asks if we can find evidence of a differentiated effect of...

This paper sheds light on the role of social networks in the dynamics of workers in an urban labour market of a West African country. We examine the extent to which one's network is essential in labour market transitions, in particular from unemployment to employment, from wage employment to...

Two agents sequentially contracts with different principals under moral hazard. If agents care for one another, the second principal gains by insuring them over first wages. Even with independent tasks, the first principal must offer riskier payments to induce effort.

This paper aims to assess the effect of the APA on the care received by disabled elderly people living in the community. Using data from the French Handicap Santé Ménage Survey, we propose an empirical analysis using the propensity score matching method. Our results suggest that the use of...