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substitutes. The model also explains why weak legal institutions increase the prevalence of informal finance in some markets and …
Persistent link: https://www.econbiz.de/10010753696
Group liability in microcredit purports to improve repayment rates through peer screening, monitoring, and enforcement. However, it may create excessive pressure, and discourage reliable clients from borrowing. Two randomized trials tested the overall effect, as well as specific mechanisms. The...
Persistent link: https://www.econbiz.de/10010753697
Understanding the informal sector – that represents about 60–90% of urban employment in developing countries – has a significant importance for any strategy and policy interventions aiming to alleviate poverty and improve welfare. I formulate and estimate a model of entrepreneurial choice...
Persistent link: https://www.econbiz.de/10010753710
Some argue that informal business owners are viable entrepreneurs who do not register due to complex regulation. Others claim that they are making a living while searching for a job. This paper suggests that a mix of both views is correct. I separate informal business owners into those who have...
Persistent link: https://www.econbiz.de/10010679299
Do attitudinal surveys and incentivized experiments predict actual behavior? We answer this question using data on … trust and pro-sociality from experiments and surveys conducted on six Latin American cities. Individuals in agreement with a …, sports and culture. Both, experiments and surveys carry useful information to understand motivations and intentions in pro …
Persistent link: https://www.econbiz.de/10011065932
We study a randomized Community Driven Reconstruction (CDR) intervention that provided two years of exposure to democratic practices in 1250 villages in eastern Congo. To assess its impact, we examine behavior in a village-level unconditional cash transfer project that distributed $1000 to 457...
Persistent link: https://www.econbiz.de/10012169080
We examine whether gender quotas introduced by development agencies empower women. As part of a development program, an international organization created community management committees in 661 villages to oversee village level program expenditures. In a randomly selected half of these villages...
Persistent link: https://www.econbiz.de/10012143349
This paper investigates how failing to consider missing funds in public resource delivery can lead to misleading conclusions on the nature and correlates of targeting performance. Combining administrative data on disbursement and household survey data on receipt under Indonesia's anti-poverty...
Persistent link: https://www.econbiz.de/10010679292
We study the dynamic general equilibrium effects of introducing a social pension program to elderly informal sector workers in developing countries who lack formal risk sharing mechanisms against income and longevity risks. To this end, we formulate a stochastic dynamic general equilibrium model...
Persistent link: https://www.econbiz.de/10010599679
What motivates people in rural villages to share? We first elicit a baseline level of sharing using a standard, anonymous dictator game. Then using variants of the dictator game that allow for either revealing the dictator's identity or allowing the dictator to choose the recipient, we attribute...
Persistent link: https://www.econbiz.de/10010599688