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Working Under Pressure : Improving Labor Productivity Through Financial Innovation (Английский)

Social and family networks play an important role as informal safety nets in Sub-Saharan Africa and other development contexts, with relatives, friends, colleagues, and neighbors sharing financial resources. In developing countries, financial transfers within social and kin networks are ubiquitous and frequent. Though these transfers have social benefits, pressure to redistribute income can introduce a disincentive to work by reducing the payoff of...
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