Publications
Volunteering at the extensive margin: intrinsic or extrinsic motive? (2018). Annals of Economics and Statistics. 131, p. 117-136
Abstract: This paper identifies the nature of the predominant motive (consumption versus investment) moving people to offer labour for free by considering the major beneficiary sectors involved. Using basic consumption and investment models, some hypotheses are derived and tested to identify the salient motivation for volunteering in each sector. The analysis results in two main findings: (a) in peace movements and in women's groups and associations, volunteers seem to be mainly intrinsically motivated and (b) in sectors concerned with social welfare for the elderly people or in religious and health organizations, the key motivation for volunteering is investment (extrinsic returns).
JEL codes: C13, D11, J22, C26
Improving MSMEs access to external financing in Low Income Countries: Is there a role for Development Cooperation?, (2016), Reflets et perspectives de la vie économique. (with Houssa, R., & Reding, P.)
Abstract: This paper presents the salient factors that characterize important aspects of firms’ access to external finance. Firm-level data show that micro, small and medium-sized enterprises (MSMEs) face more external financing constraints in Low Income Countries (LICs) than in their rich counterparts. We argue for a catalytic role that development cooperation can play in alleviating these constraints and discuss the critical policy issues as regards the effectiveness of these interventions.
JEL Codes: G23, O16, Y10
Working Papers
Policy instruments to improve MSMEs access to external financing in developing countries: A survey (2015), BeFinD & UNamur WP series, (With Houssa, R. & Reding, P.)
A behavioral model for poor microentrepreneurs savings and borrowing choices
Contrasting the Impacts of two Formal Savings Devices: Evidence from a field experiment
Cash transfers and shifts in the intrahousehold bargain: Evidence from an ultra-poor setting
Credit constraints, agricultural productivity and household welfare in Burkina Faso: a gender perspective (Submitted)
Other work
Asymptotic Properties of the Weighted Least Squares Estimator Under Moments Restriction (2014), unpublished, (with Bayram D.)