Dey, Subhasish; Imai, Katsushi S. - Research Institute for Economics and Business … - 2014
This paper argues that a major beneficial impact of workfare programs is through their role in allowing participants to … informal credit, leading to the improvement in economic security and poverty reduction. Using a three-round household panel … repeated trilateral stage game among lender, workfare participant, and local politician is developed to support our empirical …