论文标题
青年就业的技能和流动性障碍：卢旺达现金基准实验的中期证据
Skills and Liquidity Barriers to Youth Employment: Medium-term Evidence from a Cash Benchmarking Experiment in Rwanda
论文作者
论文摘要
我们提出了一个实验基准的结果，该实验基准针对卢旺达就业不足的年轻人的现金转移计划。治疗后3。5年后，培训计划可以增强生产时间使用和资产投资，而现金转移推动了生产资产，牲畜价值，储蓄和主观福祉。两种干预措施对企业家精神都有强大的影响。但是，尽管劳动力，销售和利润都在上升，但这些业务的隐含工资率很低。我们的结果表明，信贷是自谋职业的主要障碍，但是可能需要进行更深入的改革才能使企业家精神提供贫困的变革性途径。
We present results of an experiment benchmarking a workforce training program against cash transfers for underemployed young adults in Rwanda. 3.5 years after treatment, the training program enhances productive time use and asset investment, while the cash transfers drive productive assets, livestock values, savings, and subjective well-being. Both interventions have powerful effects on entrepreneurship. But while labor, sales, and profits all go up, the implied wage rate in these businesses is low. Our results suggest that credit is a major barrier to self-employment, but deeper reforms may be required to enable entrepreneurship to provide a transformative pathway out of poverty.
