Friendship at Work: Can Peer Effects Catalyze Female Entrepreneurship?
Name
field-et-al-2016-friendship-at-work-can-peer-effects-catalyze-female-entrepreneurship.pdf
Description
Published version
Size
523.11 KB
Format
Adobe PDF
Checksum (MD5)
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Author(s) • • •
Field, Erica
Jayachandran, Seema
Pande, Rohini
Rigol, Natalia
Date Issued
May 1, 2016
Journal
American Economic Journal: Economic Policy
Publisher
American Economic Association
Citation
Field, Erica, et al. "Friendship at Work: Can Peer Effects Catalyze Female Entrepreneurship?" American Economic Journal-Economic Policy 8 2 (2016): 125-53.
Version
Final published version
Abstract
Does the lack of peers contribute to the observed gender gap in entrepreneurial success? A random sample of customers of India's largest women's bank was offered two days of business counseling, and a random subsample was invited to attend with a friend. The intervention significantly increased participants' business activity, but only if they were trained with a friend. Those trained with a friend were more likely to have taken out business loans, were less likely to be housewives, and reported increased business activity and higher household income, with stronger impacts among women subject to social norms that restrict female mobility. (JEL G21, J16, J24, L26, M53, O16, Z13)
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Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
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DOI of Published Version
10.1257/pol.20140215