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Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
LICOS Discussion Paper No. 362
Verlag: 
Katholieke Universiteit Leuven, LICOS Centre for Institutions and Economic Performance, Leuven
Zusammenfassung: 
In the context of a collective household choice model, we show that the effects of improved credit access on search intensity by the unemployed are heterogeneous across households and dependent on the within-household bargaining power of the unemployed. We find empirical support for the predictions of our model using a household survey conducted by the authors in Cape Verde. These findings have important implications for the optimal design of microfinance programs, in particular concerning the targeting of loans and the use of microfinance as an instrument to support improved labor market outcomes.
Schlagwörter: 
Microfinance
Bargaining Power
Collective Household
Job Search
JEL: 
D13
D14
J20
O11
O12
Dokumentart: 
Working Paper

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