TY - JOUR
T1 - Behind the GATE experiment
T2 - Evidence on effects of and rationales for subsidized entrepreneurship training
AU - Fairlie, Robert W.
AU - Karlan, Dean
AU - Zinman, Jonathan
PY - 2015
Y1 - 2015
N2 - Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate testable predictions regarding heterogeneous treatment effects from such programs. Using a large randomized evaluation in the United States, we find no strong or lasting effects on those most likely to face credit or human capital constraints, or labor market discrimination. We do find a short-run effect on business ownership for those unemployed at baseline, but this dissipates at longer horizons. Treatment effects on the full sample are also short-term and limited in scope: we do not find effects on business sales, earnings, or employees.
AB - Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate testable predictions regarding heterogeneous treatment effects from such programs. Using a large randomized evaluation in the United States, we find no strong or lasting effects on those most likely to face credit or human capital constraints, or labor market discrimination. We do find a short-run effect on business ownership for those unemployed at baseline, but this dissipates at longer horizons. Treatment effects on the full sample are also short-term and limited in scope: we do not find effects on business sales, earnings, or employees.
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U2 - 10.1257/pol.20120337
DO - 10.1257/pol.20120337
M3 - Article
AN - SCOPUS:84928897812
VL - 7
SP - 125
EP - 161
JO - American Economic Journal: Economic Policy
JF - American Economic Journal: Economic Policy
SN - 1945-7731
IS - 2
ER -