This study examines the role of migrant's remittances on labor supply for a panel of Peruvian households over the period 2002-2006. Remittances can undermine the incentives to work. On the other hand, the in ows may alleviate credit constraints for poor households which may foster productive...

We investigate the returns to capital and capital accumulation using panel data of Peruvian micro enterprises (MEs). Marginal returns to capital are found to be very high at low levels of capital, but rapidly decreasing at higher levels. The dynamic analyses of capital accumulation in MEs...

We investigate the returns to capital and capital accumulation using panel data of Peruvian micro enterprises (MEs). Marginal returns to capital are found to be very high at low levels of capital, but rapidly decreasing at higher levels. The dynamic analyses of capital accumulation in MEs...