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In this paper, we study the complementarity between business training and access to financial capital for small and medium enterprises (SMEs) in Kenya. All participants in a business training program are offered training. One-third of participants are offered loans immediately after training...
Persistent link: https://www.econbiz.de/10014496375
Conflicts between management and workers are common and can have significant impacts on productivity. Combining ethnographic, survey and administrative records from a large Bangladeshi sweater factory, we study how workers responded to management's decision to lay off about a quarter of the...
Persistent link: https://www.econbiz.de/10014479174
This paper suggests a causal framework for disentangling individual level treatment effects and interference effects, i.e., general equilibrium, spillover, or interaction effects related to treatment distribution. Thus, the framework allows for a relaxation of the Stable Unit Treatment Value...
Persistent link: https://www.econbiz.de/10011626689
While recent literature has pointed out that migrants ́remittances have a positive impact on savings with financial institutions, findings with respect to access to and the use of loans have been ambiguous. This paper investigates whether the reception of remittances facilitates taking up loans...
Persistent link: https://www.econbiz.de/10010403217
Although microfinance institutions across the world are moving from group lending towards individual lending, this …
Persistent link: https://www.econbiz.de/10010247409
In this article we develop a theoretical model to explain the homicide rate in any given place and construct a Bayesian model with a spatial structure to test the hypotheses. We assume that in his quest for self-fulfilment the individual, when taking the decision to perpetrate violence, not only...
Persistent link: https://www.econbiz.de/10012024803
By using estimates from an Almost Ideal Demand System (AIDS), we investigate how the German energy tax on car fuels changes the private households-CO2 emissions, living standards, and post-tax income distribution. Our results show that the tax implies a trade-off between the aim to reduce...
Persistent link: https://www.econbiz.de/10010483410
Governmental activities in welfare states influence private charitable giving predominantly in two ways: (1) government spending on the provision of public goods may cause crowding out of private charitable contributions; and (2) tax incentives may boost private charitable giving. For a rich...
Persistent link: https://www.econbiz.de/10008796240
We propose a Bayesian approach to dynamic panel estimation in the presence of cross-sectional dependence and dynamic heterogeneity which is suitable for inference in short panels, unlike alternative estimators. Monte Carlo simulations indicate that our estimator produces less bias, and a lower...
Persistent link: https://www.econbiz.de/10009680588
We estimate the elasticity of charitable giving with respect to price and income changes using a rich panel of income tax returns covering the period 2001 to 2006. Employing censored quantile regression and exploiting the panel structure, the advantage of our analysis is twofold: First, we...
Persistent link: https://www.econbiz.de/10010473172