Decomposing the Effects of CCTs on Entrepreneurship
This note assesses whether Bolsa-Familia increases the probability of starting a venture in Brazil by decomposing its potential effects into three channels: wealth-constraint alleviation, insurance provision, and reduction of children's labor...
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2012
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Online Access: | http://documents.worldbank.org/curated/en/2010/11/13160163/decomposing-effects-conditional-cash-transfers-ccts-entrepreneurship http://hdl.handle.net/10986/10143 |
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okr-10986-101432021-04-23T14:02:49Z Decomposing the Effects of CCTs on Entrepreneurship Lichand, Guilherme ACCOUNTING AVERAGE HOUSEHOLD INCOME BANK POLICY BANKRUPTCY BENEFICIARY BENEFICIARY HOUSEHOLDS CASH TRANSFER CASH TRANSFER PROGRAMS CASH TRANSFERS CHILD LABOR COMPETITIVENESS CURRENT POVERTY DEVELOPING COUNTRIES DIVERSIFICATION ECONOMIC SHOCKS ECONOMICS EMPLOYMENT EXPORT GROWTH FINANCIAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNMENT SUPPORT GROWTH POLICY HOUSEHOLD HEADS HOUSEHOLD INCOME HOUSEHOLD SAVINGS HOUSEHOLD SURVEYS HUMAN CAPITAL INCOME INCOME GROWTH INCOME-GENERATING ACTIVITIES INEQUALITY INSURANCE INVESTING LABOR SUPPLY LIVING STANDARDS LOCAL MARKETS MICROFINANCE MULTILATERAL TRADE MULTIPLIERS POOR POOR AREA POOR FAMILIES POOR HOUSEHOLDS POOR INDIVIDUALS PORTFOLIO POVERTY REDUCTION PRODUCTIVITY RETURN RISK AVERSE RURAL AREAS SAVINGS SCHOOL ATTENDANCE SELF-EMPLOYMENT SOCIAL CAPITAL SOCIAL PROTECTION TARGETING TRADE POLICY TRADING WEALTH This note assesses whether Bolsa-Familia increases the probability of starting a venture in Brazil by decomposing its potential effects into three channels: wealth-constraint alleviation, insurance provision, and reduction of children's labor supply (through the effect of the conditionality). Results are that entrepreneurship is indeed stimulated by Bolsa-Familia in urban areas through the insurance and wealth-constraint alleviation effects, notwithstanding that new ventures are typically secondary sources of income. The conditionality seems not to impact the level of entrepreneurship. Hence, Bolsa-Familia might have a positive long-term effect as well, instead of just offering short-term poverty relief. 2012-08-13T10:32:35Z 2012-08-13T10:32:35Z 2010-11 http://documents.worldbank.org/curated/en/2010/11/13160163/decomposing-effects-conditional-cash-transfers-ccts-entrepreneurship http://hdl.handle.net/10986/10143 English Economic Premise; No. 41 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
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language |
English |
topic |
ACCOUNTING AVERAGE HOUSEHOLD INCOME BANK POLICY BANKRUPTCY BENEFICIARY BENEFICIARY HOUSEHOLDS CASH TRANSFER CASH TRANSFER PROGRAMS CASH TRANSFERS CHILD LABOR COMPETITIVENESS CURRENT POVERTY DEVELOPING COUNTRIES DIVERSIFICATION ECONOMIC SHOCKS ECONOMICS EMPLOYMENT EXPORT GROWTH FINANCIAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNMENT SUPPORT GROWTH POLICY HOUSEHOLD HEADS HOUSEHOLD INCOME HOUSEHOLD SAVINGS HOUSEHOLD SURVEYS HUMAN CAPITAL INCOME INCOME GROWTH INCOME-GENERATING ACTIVITIES INEQUALITY INSURANCE INVESTING LABOR SUPPLY LIVING STANDARDS LOCAL MARKETS MICROFINANCE MULTILATERAL TRADE MULTIPLIERS POOR POOR AREA POOR FAMILIES POOR HOUSEHOLDS POOR INDIVIDUALS PORTFOLIO POVERTY REDUCTION PRODUCTIVITY RETURN RISK AVERSE RURAL AREAS SAVINGS SCHOOL ATTENDANCE SELF-EMPLOYMENT SOCIAL CAPITAL SOCIAL PROTECTION TARGETING TRADE POLICY TRADING WEALTH |
spellingShingle |
ACCOUNTING AVERAGE HOUSEHOLD INCOME BANK POLICY BANKRUPTCY BENEFICIARY BENEFICIARY HOUSEHOLDS CASH TRANSFER CASH TRANSFER PROGRAMS CASH TRANSFERS CHILD LABOR COMPETITIVENESS CURRENT POVERTY DEVELOPING COUNTRIES DIVERSIFICATION ECONOMIC SHOCKS ECONOMICS EMPLOYMENT EXPORT GROWTH FINANCIAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNMENT SUPPORT GROWTH POLICY HOUSEHOLD HEADS HOUSEHOLD INCOME HOUSEHOLD SAVINGS HOUSEHOLD SURVEYS HUMAN CAPITAL INCOME INCOME GROWTH INCOME-GENERATING ACTIVITIES INEQUALITY INSURANCE INVESTING LABOR SUPPLY LIVING STANDARDS LOCAL MARKETS MICROFINANCE MULTILATERAL TRADE MULTIPLIERS POOR POOR AREA POOR FAMILIES POOR HOUSEHOLDS POOR INDIVIDUALS PORTFOLIO POVERTY REDUCTION PRODUCTIVITY RETURN RISK AVERSE RURAL AREAS SAVINGS SCHOOL ATTENDANCE SELF-EMPLOYMENT SOCIAL CAPITAL SOCIAL PROTECTION TARGETING TRADE POLICY TRADING WEALTH Lichand, Guilherme Decomposing the Effects of CCTs on Entrepreneurship |
relation |
Economic Premise; No. 41 |
description |
This note assesses whether Bolsa-Familia
increases the probability of starting a venture in Brazil by
decomposing its potential effects into three channels:
wealth-constraint alleviation, insurance provision, and
reduction of children's labor supply (through the
effect of the conditionality). Results are that
entrepreneurship is indeed stimulated by Bolsa-Familia in
urban areas through the insurance and wealth-constraint
alleviation effects, notwithstanding that new ventures are
typically secondary sources of income. The conditionality
seems not to impact the level of entrepreneurship. Hence,
Bolsa-Familia might have a positive long-term effect as
well, instead of just offering short-term poverty relief. |
format |
Publications & Research :: Brief |
author |
Lichand, Guilherme |
author_facet |
Lichand, Guilherme |
author_sort |
Lichand, Guilherme |
title |
Decomposing the Effects of CCTs on Entrepreneurship |
title_short |
Decomposing the Effects of CCTs on Entrepreneurship |
title_full |
Decomposing the Effects of CCTs on Entrepreneurship |
title_fullStr |
Decomposing the Effects of CCTs on Entrepreneurship |
title_full_unstemmed |
Decomposing the Effects of CCTs on Entrepreneurship |
title_sort |
decomposing the effects of ccts on entrepreneurship |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2010/11/13160163/decomposing-effects-conditional-cash-transfers-ccts-entrepreneurship http://hdl.handle.net/10986/10143 |
_version_ |
1764412009914302464 |