A Firm of One’s Own: Experimental Evidence on Credit Constraints and Occupational Choice

Andrew Brudevold-Newman (abrudevoldnewman@worldbank.org), Maddalena Honorati, Gerald Ipapa (gipapa@udel.edu), Pamela Jakiela and Owen Ozier
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Andrew Brudevold-Newman: World Bank
Gerald Ipapa: University of Delaware

No 646, Working Papers from Center for Global Development

Abstract: We evaluate two labor market interventions targeting young women in Nairobi, Kenya. The first was a multifaceted program involving vocational training, in-kind transfers of physical capital, and ongoing mentoring. The second was an unrestricted cash grant. Both interventions shift women into self-employment, impacts which persist after six years. Both programs also increase income in the short-term, but those effects disappear over time. Though the two treatments have similar impacts on labor market outcomes, women in the multifaceted program report significantly higher wellbeing six years after treatment relative to both women in the control group and those who received the grants.

Keywords: youth unemployment; vocational training; cash grants; microenterprises; entrepreneurship; occupational choice; credit constraints; Africa; gende (search for similar items in EconPapers)
JEL-codes: J24 M53 O12 (search for similar items in EconPapers)
Pages: 55 pages
Date: 2023-05-17
New Economics Papers: this item is included in nep-ent, nep-exp and nep-mfd
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Related works:
Working Paper: A Firm of One's Own: Experimental Evidence on Credit Constraints and Occupational Choice (2017)
Working Paper: A firm of one's own: experimental evidence on credit constraints and occupational choice (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:cgd:wpaper:646

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