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Publicado en: Artículo en revista académica

The effects of micro entrepreneurship programs on labor market performance: Experimental evidence from Chile

Claudia Martínez A.; Esteban Puentes; Jaime Ruiz-Tagle

American Economic Journal: Applied Economics, forthcoming

We investigate the impact of a program providing asset transfers and  business training to low-income individuals in Chile, and asked whether a larger asset transfer would magnify the program’s impact. We randomly assigned participation in a large-scale, publicly run micro-entrepreneurship program and evaluated its effects over 45 months. The program improved business practices, employment and labor income. In the short run, self-employment increased by 14.8/25.2 percentage points for small/large asset transfer. In the long run, individuals assigned to a smaller transfer were 9 percentage points more likely to become wage-workers, whereas those 1ssigned to larger transfers tended to remain self-employed.

JEL Classification: J14, O12, L26, M53

Keywords: Micro-entrepreneurship programs, self-employment, wage, employment.

 

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