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We study the role of formal institutions of contract enforcement in facilitating investments in small and medium firms(MSME). In a framework where established entrepreneurs can enforce contracts informally using their network ties and hierarchical advantage, we argue that an efficient formal...
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We develop a framework for quantifying barriers to labor force participation (LFP) and entrepreneurship faced by women … in India. We find substantial barriers to LFP, and higher costs of expanding businesses through the hiring of workers for …, policies promoting female entrepreneurship can significantly increase female LFP even without explicitly targeting female LFP …
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