Book ChapterDOI
Who Are the Microenterprise Owners
Suresh de Mel,David McKenzie,Christopher Woodruff +2 more
- pp 63-88
About:
The article was published on 2010-01-01. It has received 113 citations till now.read more
Citations
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Journal ArticleDOI
Informality and Development
Rafael La Porta,Andrei Shleifer +1 more
TL;DR: In this article, a report from the McKinsey Global Institute describes informal firms as parasites competing unfairly with law-abiding formal firms and argues that informality should be suppressed, not unleashed.
Journal ArticleDOI
Financial Literacy: An Essential Tool for Informed Consumer Choice?
TL;DR: In this paper, the authors demonstrate widespread financial illiteracy among the U.S. population, particularly among specific demographic groups, such as women, African-Americans, and Hispanics.
Journal ArticleDOI
Self-Employment in the Developing World
Thomas Gindling,David Newhouse +1 more
TL;DR: In this article, the authors analyzed heterogeneity among the self-employed in 74 developing countries, representing two-thirds of the population of the developing world, and found that the structure of employment shifts rapidly, first out of agriculture into unsuccessful non-agricultural self-employment, and then mainly into non-aggricultural wage employment.
Journal ArticleDOI
Constrained gazelles : high potentials in West Africa's informal economy
TL;DR: In this article, the authors combine these findings and develop an innovative approach to identify what is called constrained gazelles, next to the well-known survivalists in the lower tier and growth-oriented top-performers in the upper tier.
Journal ArticleDOI
Using repeated cross-sections to explore movements into and out of poverty
TL;DR: In this article, the authors build on the methodology used to construct poverty maps to show how repeated cross-sections of household survey data can allow inferences to be made about movements in and out of poverty.
References
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Journal ArticleDOI
An Estimated Model of Entrepreneurial Choice under Liquidity Constraints
David S. Evans,Boyan Jovanovic +1 more
TL;DR: The authors show that the data point to liquidity constraints: capital is essential for starting a business, and liquidity constraints tend to exclude those with insufficient funds at their disposal, and a would-be entrepreneur must bear most of the risk inherent in his venture.
Journal ArticleDOI
What Makes an Entrepreneur
TL;DR: In this paper, the authors used various micro data sets to study entrepreneurship and found that the probability of self-employment depends positively upon whether the individual ever received an inheritance or gift, and that the self-employed report higher levels of job and life satisfaction than employees.
Journal ArticleDOI
The relationship of entrepreneurial traits, skill, and motivation to subsequent venture growth.
J. Robert Baum,Edwin A. Locke +1 more
TL;DR: Structural equation modeling revealed a web of relationships that impact venture growth and communicated vision and self-efficacy were related to goals, and tenacity was related to new resource skill.
Posted Content
Financial Capital, Human Capital, and the Transition to Self-Employment:Evidence from Intergenerational Links
TL;DR: In this article, the authors investigate the relative importance of financial and human capital exploiting the variation provided by intergenerational links, and find that young men's own financial assets exert a statistically significant but quantitatively modest effect on the transition from a wage and salary job to self-employment.
Posted Content
Returns to Capital in Microenterprises: Evidence from a Field Experiment
TL;DR: In this article, the authors used a randomized experiment to measure the return to capital for the average microenterprise in their sample, regardless of whether they apply for credit and found that the average real return to be 5.7 percent a month, substantially higher than the market interest rate.