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imperfections are pervasive, and resources are scarce. Relaxing credit constraints can increase the productivity of microenterprises …. Using a field experiment involving agricultural microenterprises in Bangladesh, we estimated the impact of access to credit …) and technical efficiency changes. We found that relative to the baseline rice output per decimal, access to credit …
Persistent link: https://www.econbiz.de/10012058453
designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality … aversion than individual initial proposals in team decision-making. However, teams are no more selfish than individuals who … decide in isolation. Individuals express strategically more inequality aversion in their initial proposals in team decision …
Persistent link: https://www.econbiz.de/10010359304
basis of individual performance and the other graded on the basis of the team performance. We find that students assigned to … socially connected teams perform significantly better than control students in both the team part and the individual part of …
Persistent link: https://www.econbiz.de/10011543736
In organizations, some team members are assigned to a team for a predefined short period of time, e.g., as they have a … temporary contract, while others are permanent members of the same team. In a laboratory experiment we analyze the cooperation … levels resulting from diverse teams, where some team members remain with a team and others are switching teams. Our results …
Persistent link: https://www.econbiz.de/10010467802
. Students were randomly matched in teams of three and in each team we randomly chose a leader with the task of coordinating the … work of the team. We find a positive and significant effect of female leadership on team performance. This effect is driven … by the higher performance of team members in female led teams rather than due to an improvement in the leader …
Persistent link: https://www.econbiz.de/10011916649
use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … between gambling and the use of credit is remarkably stable across household income. In addition to our household level …
Persistent link: https://www.econbiz.de/10003942188
The paper argues that networked firms are likely to have an advantage in securing external finance in countries with weak legal and judicial institutions since it helps financial institutions to minimize the underlying agency costs of lending. An analysis of recent BEEPS data from fifteen...
Persistent link: https://www.econbiz.de/10009307402
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is often obstructed by insufficient lagged data. This paper evaluates search intensity for "hardship letter" from Google Insights to detect ensuing mortgage delinquencies. Such...
Persistent link: https://www.econbiz.de/10009312194
This paper proposes a theoretical framework to analyze the impacts of credit and technology shocks on business cycle … financial institutions in the transmission of credit and technology shocks to the real economy. A positive credit shock, defined … between loan and deposit rates. The effects of the credit shock tend to be highly persistent even without price rigidities and …
Persistent link: https://www.econbiz.de/10009488413
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional form restrictions ensure that...
Persistent link: https://www.econbiz.de/10010225898