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....

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Bibliographic Details
Main Authors: Mel, Suresh de, McKenzie, David, Woodruff, Christopher
Language:English
Published: World Bank, Washington, DC 2012
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