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both high aspiration and low aspiration entrepreneurship. We also find that women benefit more from the larger informal … financial sector. -- Female entrepreneurship ; state sector ; informal finance …
Persistent link: https://www.econbiz.de/10003920042
This study sets out to examine the extent to which access to credit and credit rationing are influenced by the microfinance type based on the major factors determining micro, small and medium enterprises' access to credit from microfinance institutions in the era of financial liberalization. The...
Persistent link: https://www.econbiz.de/10010510572
We study the impact of loan regulation in rural India on child labor with an overlapping-generations model of formal and informal lending, human capital accumulation, adverse selection, and differentiated risk types. Specifically, we build a model economy that replicates the current outcome with...
Persistent link: https://www.econbiz.de/10009665022
Sharing is a norm in many societies. We present a theoretical model on the trade-off between sharing and investment which we test on data from tailors in Burkina Faso. The empirical results support the idea that there are two behavioural patterns: entrepreneurs following an 'insurance regime'...
Persistent link: https://www.econbiz.de/10009717131
We develop a formula for the optimal size of a joint savings association between individuals who share the same financial goal and who can save towards that goal at the same rate. Our motivating example and the core of our analysis is a Rotating Savings and Credit Association (ROSCA). We measure...
Persistent link: https://www.econbiz.de/10013270242
We study roughly 11,000 loans from unlicensed moneylenders to over 1,000 borrowers in Singapore and provide basic information about this understudied market. Borrowers frequently expect to repay late. While lenders do rely on additional punishments to enforce loans, the primary cost of not...
Persistent link: https://www.econbiz.de/10012237979
Using the 2017 China Household Finance Survey (CHFS), we estimate the effect of higher education on entrepreneurship …, and use the higher education expansion in China starting in 1999 and instruments of pre-school hukou status to help … education are less likely to enter entrepreneurship in general, obtaining any qualification beyond the baseline of compulsory …
Persistent link: https://www.econbiz.de/10012517504
first to consider both manufacturing and service entrepreneurship in China and should be of interest to both local and …Since Chinese government initiated economic reform in the late 1970s, entrepreneurship and private sectors have emerged … gradually and played an increasingly important role in promoting economic growth. However, entrepreneurship is distributed …
Persistent link: https://www.econbiz.de/10011737507
We use the 2012-2018 China Family Panel Studies data to examine the relationship between household energy poverty and … an individual’s probability of becoming an entrepreneur. Consistent with the theory of underdog entrepreneurship that … entrepreneurship, we find that spending a higher share of household income on energy consumption or being energy poor increases the …
Persistent link: https://www.econbiz.de/10012596057
panel data in China. To address omitted variable bias and endogeneity arising from self-selection into entrepreneurship and …We investigate the effect of exposure to air pollution on an individual's likelihood towards entrepreneurship using … propensity for entrepreneurship and a 34 percentage points decrease in the likelihood of entrepreneurial diversification. Our …
Persistent link: https://www.econbiz.de/10014315828