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Self-Selection into Credit Markets: Evidence from Agriculture in Mali
Karlan, Dean; Udry, Christopher; Beaman, Lori; … - National Bureau of Economic Research (NBER) - 2014
We partnered with a micro‐lender in Mali to randomize credit offers at the village level. Then, in no- loan control villages, we gave cash grants to randomly selected households. These grants led to higher agricultural investments and profits, thus showing that liquidity constraints bind with...
Persistent link: https://www.econbiz.de/10010969288
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Agricultural Decisions after Relaxing Credit and Risk Constraints
Karlan, Dean; Udry, Christopher; Osei, Robert Darko; … - National Bureau of Economic Research (NBER) - 2012
The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana...
Persistent link: https://www.econbiz.de/10010969291
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If Technology Has Arrived Everywhere, Why has Income Diverged?
Comin, Diego; Ferrer, Martí Mestieri - National Bureau of Economic Research (NBER) - 2013
lags between rich and poor countries, while there has been divergence in penetration rates. Using a model of adoption and …
Persistent link: https://www.econbiz.de/10010969422
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Manufacturing Growth and the Lives of Bangladeshi Women
Heath, Rachel; Mobarak, A. Mushfiq - National Bureau of Economic Research (NBER) - 2014
We study the effects of explosive growth in the Bangladeshi ready-made garments industry on the lives on Bangladeshi women. We compare the marriage, childbearing, school enrollment and employment decisions of women who gain greater access to garment sector jobs to women living further away from...
Persistent link: https://www.econbiz.de/10010887111
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To Charge or Not to Charge: Evidence from a Health Products Experiment in Uganda
Karlan, Dean; Fischer, Greg; McConnell, Margaret; … - National Bureau of Economic Research (NBER) - 2014
characteristics in determining pricing policy. We put forward a model to illustrate the potential tension between two important … factors, learning and anchoring, and then test this model with three products selected specifically for their variation in the …
Persistent link: https://www.econbiz.de/10010950656
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Gender Differences in Preferences, Intra-Household Externalities, and Low Demand for Improved Cookstoves
Miller, Grant; Mobarak, A. Mushfiq - National Bureau of Economic Research (NBER) - 2013
implications for population health and the environment: improved cookstoves. Motivated by a model of intra-household decision …
Persistent link: https://www.econbiz.de/10010950660
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Hoping to Win, Expected to Lose: Theory and Lessons on Micro Enterprise Development
Karlan, Dean; Udry, Christopher; Knight, Ryan - National Bureau of Economic Research (NBER) - 2012
microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital … constraints may impede experimentation, and thus limit learning about the profitability of alternative firm sizes. The model shows …-run negative expected returns to investments on average, with some outliers succeeding. To test the model we put forward first a …
Persistent link: https://www.econbiz.de/10010950711
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Chiefs: Elite Control of Civil Society and Economic Development in Sierra Leone
Acemoglu, Daron; Robinson, James Alan; Reed, Tristan - National Bureau of Economic Research (NBER) - 2013
The lowest level of government in sub-Saharan Africa is often a cadre of chiefs who raise taxes, control the judicial system and allocate the most important scarce resource - land. Chiefs, empowered by colonial indirect rule, are often accused of using their power despotically and inhibiting...
Persistent link: https://www.econbiz.de/10010950719
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Continued Existence of Cows Disproves Central Tenets of Capitalism?
Karlan, Dean; Anagol, Santosh; Etang, Alvin - National Bureau of Economic Research (NBER) - 2013
We examine the returns from owning cows and buffaloes in rural India. We estimate that when valuing labor at market wages, households earn large, negative average returns from holding cows and buffaloes, at negative 64% and negative 39% respectively. This puzzle is mostly explained if we value...
Persistent link: https://www.econbiz.de/10010950776
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Marriage Institutions and Sibling Competition: Evidence from South Asia
Vogl, Tom - National Bureau of Economic Research (NBER) - 2012
Using data from South Asia, this paper examines how arranged marriage cultivates rivalry among sisters. During marriage search, parents with multiple daughters reduce the reservation quality for an older daughter's groom, rushing her marriage to allow sufficient time to marry off her younger...
Persistent link: https://www.econbiz.de/10010950843