Showing 1 - 10 of 227
Microcredit is an innovative financial tool designed to reduce poverty and fix credit market imperfections. We use experimental measures of time discounting and risk aversion for villagers in south India to highlight behavioral features of microcredit. Conditional on borrowing from any source,...
Persistent link: https://www.econbiz.de/10010269753
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/10010275824
country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a … of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10010267501
specified regulation(s). Relative to the regulation(s), four conceptual categories that can help frame the analysis are: (A …) regulation applicable and compliant, (B) regulation applicable and non-compliant, (C) regulation non-applicable after adjustment … of activity, and (D) regulation non-applicable to the activity. Rather than use the generic labels 'informal' and 'formal …
Persistent link: https://www.econbiz.de/10010269039
We use UK micro data to explore whether planning regulation reduced UK retailing productivity growth between 1997 and …
Persistent link: https://www.econbiz.de/10010269333
regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under … heavy burden of monopoly and regulation. We find little evidence that the introduction of social protection programs for …
Persistent link: https://www.econbiz.de/10010274259
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption and shadow economy are substitutes in high income countries while they are complements in low income countries. The hypotheses are tested for a cross-section of 120 countries and...
Persistent link: https://www.econbiz.de/10010276652
The analysis of economic loss attributed to the shadow economy has attracted much attention in recent years by both academics and policy makers. Often, multiple indicators multiple causes (MIMIC) models are applied to time series data estimating the size and development of the shadow economy for...
Persistent link: https://www.econbiz.de/10010276685
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10010282162
We develop a model of regulation of service-delivery NGOs, where future grants are conditional on prior spending of … some minimal proportion of current revenue on direct project-related expenses. Such regulation induces some NGOs to … parametric configurations, we find that regulation increases total discounted project expenditure over a regime of no regulation …
Persistent link: https://www.econbiz.de/10010282138