We report on a field experiment providing random grants to microenterprise
owners. The grants generated large profit increases for male
owners but not for female owners. We show that the gender gap does
not simply mask differences in ability, risk aversion, entrepreneurial
attitudes, or differences in reporting behavior, but there is some evidence
that the gender gap is larger in female-dominated industries.
The data are not consistent with a unitary household model, and
imply an inefficiency of resource allocation within households. We
show evidence that this inefficiency is reduced in more cooperative
households. (JEL D13, D14, J16, L25, L26, O12, O16)
de Mel, Suresh, David McKenzie, and Christopher Woodruff.
"Are Women More Credit Constrained? Experimental Evidence on Gender and Microenterprise Returns."
American Economic Journal: Applied Economics,
Household Production and Intrahousehold Allocation
Economics of Gender; Non-labor Discrimination
Firm Performance: Size, Diversification, and Scope
Microeconomic Analyses of Economic Development
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance