We provide a theory for career choices of employees willing to become entrepreneurs and facing credit constraints. We show that they need a sufficient mix of reputation and financial capital. We consider their choice to work for transparent or opaque firms. Transparent firms disclose more...

This paper aims at highlighting the debate on firm heterogeneity in the informal sector by testing whether entrepreneurial familial background impacts informal businesses outcomes in the West African context. In the USA, a literature aiming at understanding the high intergenerational correlation...

We study the returns to human capital for workers observed in Tunisian matched worker-firm data in 1999. This tells us how these returns differ from those obtained in industrialised countries with matched data. We develop a new method based on multivariate analysis of firm characteristics, which...

Using matched employer-employee data collected in Mauritius and Madagascar in 2005, we add new evidence on the magnitude of the gender wage gap and on the relevance of the glass ceiling hypothesis recently observed in developed countries. We focus more closely on the role of firm characteristics...

According to the glass ceiling hypothesis evidenced in developed countries, there exist larger gender pay gaps at the upper tail of the wage distribution. In this paper, we investigate the relevance of a glass ceiling effect in Morocco using a matched worker-firm data set of more than 8000...

In spite of its predominant economic weight in developing countries, little is known about informal sector income dynamics vis-à-vis the formal sector. Some works have been done in this field using household surveys, but they only consider some emerging Latin American countries (Argentina,...