Is it who you are or what you get? Comparing the impacts of loans and grants for microenterprise development (Record no. 525539)

000 -LEADER
fixed length control field 01624nam a22001577a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240321b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Crépon, Bruno Komi, Mohamed El and Osman, Adam
245 ## - TITLE STATEMENT
Title Is it who you are or what you get? Comparing the impacts of loans and grants for microenterprise development
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc American Economic Journal: Applied Economics
300 ## - PHYSICAL DESCRIPTION
Extent 16(1), Jan, 2024: p.286-313
520 ## - SUMMARY, ETC.
Summary, etc Is the type of financial support provided to businesses more important than which businesses receive it? Loans and grants can lead to differences in optimal investments and in scope for moral hazard. We randomize 3,293 business loan applicants into receiving a loan, cash grant, in-kind grant, or nothing. All treatments equally increase income, yet there are large differences within a treatment group with impacts concentrated at the top of the distribution. Those who succeed with loans are observationally equivalent to those who succeed with grants, showcasing that owner heterogeneity is more important than the type of support received in microenterprise development.- Reproduced

https://www.aeaweb.org/articles?id=10.1257/app.20210683
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Financial support Business loans Cash grants In-kind grants Optimal investments Moral hazard Microenterprise development Income increase Owner heterogeneity Treatment groups Randomized control trial (RCT) Business support effectiveness Small business success Financial interventions Economic impact
9 (RLIN) 50697
773 ## - HOST ITEM ENTRY
Main entry heading American Economic Journal: Applied Economics
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP BUSINESS
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-03-21 16(1), Jan, 2024: p.286-313 AR131337 2024-03-21 Articles

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