Tax farming redux: Experimental evidence on performance pay for tax collectors
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National Bureau of Economic Research
Abstract: "Is the type of financial support provided to businesses more important than which businesses receive it? Loans and grants can lead to differences in optimal investments and in scope for moral hazard. We randomize 3,293 business loan applicants into receiving a loan, cash grant, in-kind grant, or nothing. All treatments equally increase income, yet there are large differences within a treatment group with impacts concentrated at the top of the distribution. Those who succeed with loans are observationally equivalent to those who succeed with grants, showcasing that owner heterogeneity is more important than the type of support received in microenterprise development."
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National Bureau of Economic Research
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Science
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American Economic Association
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Health Affairs
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Ideas for India
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IZA Institute of Labor Economics
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Harvard Kennedy School of Government
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National Bureau of Economic Research
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Nature
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Penguin Random House
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PNAS
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Ideas for India
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IZA Institute of Labor Economics
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National Bureau of Economic Research
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IZA Institute of Labor Economics
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EconPapers
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J-PAL
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American Economic Journal
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National Bureau of Economic Research
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Nature
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Seuil Jeunesse
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Massachusetts Institute of Technology
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EconPapers
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National Bureau of Economic Research
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Juggernaut Books
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National Bureau of Economic Research
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J-PAL
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New England Journal of Medicine AI
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National Bureau of Economic Research
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Journal of Development Economics
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Hachette
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American Economic Association
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De Gruyter
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Oxford University Press
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National Bureau of Economic Research
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EconPapers
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Public Affair Books
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Seuil
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Seuil
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J-PAL
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National Bureau of Economic Research
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The MIT Press
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National Bureau of Economic Research
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VoxDev
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MIT Climate Grand Challenges