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Posts by Emily Breza

How microfinance can help entrepreneurs escape the poverty trap

The idea of poverty traps being important for microenterprises is captured in the adage “it takes money to make money”. This article reports on a study following households in India exposed to dif...

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Measuring the equilibrium impacts of credit: Evidence from India’s 2010 microfinance crisis

In October 2010, the government of Andhra Pradesh issued an emergency ordinance, bringing microfinance activities in the state to a complete halt and causing a nationwide shock to the liquidity of len...

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Labour rationing and forced entrepreneurship in village India

When individuals are rationed out of the labour market, this not just decreases welfare but can also create labour misallocation as rationed workers may turn to less-productive self-employment activit...

  • IGC Research on India