Role Models or Individual Consulting: The Impact of Personalizing Micro-entrepreneurship Training

Autor: José Tessada, Julio Riutort, Jeanne Lafortune
Rok vydání: 2018
Předmět:
Zdroj: American Economic Journal: Applied Economics. 10:222-245
ISSN: 1945-7790
1945-7782
DOI: 10.1257/app.20170077
Popis: Using a randomized experiment in Chile, we study the impact role models have in the context of a training program for micro–entrepreneurs. We show that being in a group randomly chosen to be visited by a successful alumnus of the program increases household income one year after, mostly due to increased business participation and business income. We also randomized the provision of personalized “consulting sessions” vis–à–vis group sessions, and observe similar effects on income, with the role model intervention being significantly more cost-effective and better suited for less experienced businesses. (JEL J24, L25, L26, M53, O14, O15)
Databáze: OpenAIRE