Long Term Impacts of One Off Grants to Microenterprises
Traditional economic models of investment such as the Ramsey model would predict that such grants should have at most temporary effects. In such models, there is an efficient steady state size for a business conditional on the ability of the owner....
Main Authors: | Mel, Suresh de, McKenzie, David, Woodruff, Christopher |
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Format: | Brief |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2012/02/16240747/long-term-impacts-one-off-grants-microenterprises http://hdl.handle.net/10986/10060 |
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