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Full-Text Articles in Social and Behavioral Sciences
The Effect Of Microenterprise Lending On Child Schooling In Guatemala, Bruce Wydick
The Effect Of Microenterprise Lending On Child Schooling In Guatemala, Bruce Wydick
Economics
No abstract provided.
Credit Access, Human Capital And Class Structure Mobility, Bruce Wydick
Credit Access, Human Capital And Class Structure Mobility, Bruce Wydick
Economics
This paper examines the impact of microenterprise credit programs on class structure mobility in developing countries. The paper develops a model that endogenously generates an eight-fold class structure. Class membership is determined by optimal choice of labour activity, which is a function of access to credit and human capital endowments. Predictions from the model suggest that better access to credit will foster upward class mobility among self-employed entrepreneurs, and that this upward class mobility will be accentuated among entrepreneurs with high levels of human capital. Theoretical predictions from the model are compared with data on class structure mobility collected firsthand …