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Monitoring costs, credit constraints and entrepreneurship

Banerji, Sanjay; Raj, Rajesh S. N.; Sen, Kunal - 2012

The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...

Persistent link: https://www.econbiz.de/10009548201

Endogenous monopsony and the perverse effect of the minimum wage in small firms

Danziger, Leif - 2009

The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...

Persistent link: https://www.econbiz.de/10003879354

Are women more credit constrained? : experimental evidence on gender and microenterprise returns

Mel, Suresh de (contributor); McKenzie, David J. (contributor) - 2008

In a recent randomized experiment we found mean returns to capital of between 5 and 6 percent per month in Sri Lankan microenterprises, much higher than market interest rates. But returns were found to be much higher among men than among women, and indeed were not different from zero for women....

Persistent link: https://www.econbiz.de/10003760258

Do small businesses create more jobs? : new evidence for the United States from the National Establishment Time Series

Neumark, David (contributor); Wall, Brandon (contributor); … - 2008

We use a new database, the National Establishment Time Series (NETS), to revisit the debate about the role of small businesses in job creation. Birch (e.g., 1987) argued that small firms are the most important source of job creation in the U.S. economy. But Davis et al. (1996a) argued that this...

Persistent link: https://www.econbiz.de/10003793300

Small business economics of the Lakota Fund on the Native American Indian reservation

Benson, David A.; Lies, Aaron; Okunade, Albert A.; … - 2009

Poverty rates on Native American Indian reservations are triple the US average. Small business incubation programs, available elsewhere in the US, are sparse on the reservations. Small businesses are potent drivers of US economic growth. Some 25.5 million entrepreneurs generate more than 50% of...

Persistent link: https://www.econbiz.de/10003794055

Entrepreneurship, self-employment and business data : an introduction to several large, nationally-representative datasets

Fairlie, Robert W.; Robb, Alicia M. - 2009

Only a few large, nationally-representative datasets include information on both the owner and the business. We briefly describe several of the most respected and up-to-date sources of data on entrepreneurs, the self-employed, and small businesses. More information including estimates of recent...

Persistent link: https://www.econbiz.de/10003824288

SME policy and firms' productivity in Latin America

Ibarrarán, Pablo; Maffioli, Alessandro; Stucchi, Rodolfo - 2009

Very little is known about the effectiveness of SME policies, and a careful look at the structure, mechanisms and … American and Caribbean countries to analyze the magnitude and determinants of the productivity gap between large and SME firms … and to simulate of the impact on productivity of various policy scenarios. -- SMEs ; SME policy ; productivity ; Latin …

Persistent link: https://www.econbiz.de/10003903965

Does formality improve micro-firm performance? : quasi-experimental evidence from the Brazilian SIMPLES program

Fajnzylber, Pablo; Maloney, William F.; Montes-Rojas, … - 2009

This paper employs regression discontinuity methods to identify the effect of formality on Brazilian micro-firm performance. The SIMPLES program introduced in November 1996 consolidated multiple taxes and social security contributions into a single payment and reduced taxes for eligible small...

Persistent link: https://www.econbiz.de/10003908658

The investment in job training : why are SMEs lagging so much behind?

Almeida, Rita; Aterido, Reyes - 2010

investment in job training than larger firms. Therefore, our findings call for caution when designing pro-SME policies fostering …

Persistent link: https://www.econbiz.de/10003970938

“Entrepreneurs out of necessity” : a snapshot

Poschke, Markus - 2010

"Entrepreneurs out of necessity" identified by the Global Entrepreneurship Monitor survey are a sizeable group across countries. They tend to have low education, run smaller firms, expect their firms to grow less, but are likely to stay in the market. This evidence is a challenge for existing...

Persistent link: https://www.econbiz.de/10003959157

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