Gender, self-employment and microcredit programs An Indonesian case study

Credit is often the missing link for low-income families that try to make a living by operating small microenterprises. At the same time, the presumption that lending to the poor is very risky, the costs of operation are high, and the low repayment rates for such loans limit bankers’ willingness to extend credit to the poor. This article, however reports on the results of a microcredit program in Indonesia which suggests that when agencies, government and non-government, in a developing country make credit available to low income women, they can reduce the costs of delivery, greatly increase repayment rates, and substantially improve the well-being of poor families. Other studies also suggest that such credit tends to increase women’s participation in decision making, reduces fertility, substantially improves household nutrition and raises aspirations for children’s education. Our case study cofirms these results.     

A modest proposal for inclusion of women's household human capital production in analysis of structural transformation

Neoclassical economists posit a set of stylized facts which mark the structural transformation of national economies. Yet these facts, when disaggregated by gender, exhibit puzzling anomalies. For the 132 countries in our sample, female rates of economic activity are much lower than men's, and GDP per capita accounts for less than 16 percent of the variation in female rates. We argue that the missing female labor is occupied in a fourth sector – production and maintenance of human capital. Utilizing a series of heroic assumptions, the paper makes a first rough estimate of the value of this sector on a country-by-country basis.     

Consumer socialization of preschoolers and kindergartners as related to clothing consumption

This study investigated the clothing selections for purchase of preschool and kindergarten-aged children in a midsized southern city. The theory of consumer socialization provided framework for the study. Seven hundred questionnaires were distributed to parents/ guardians of 3-, 4-, 5-, and 6-year-old children at public and private schools and preschools. A total of 314 usable questionnaires were completed by mothers, yielding a 45% response rate. T tests, ANOVA, and frequencies were used to analyze data. The effects of demographic variables were investigated in relation to three consumer socialization constructs. Findings indicated that consumer socialization of children begins at an early age and is related to selected demographic characteristics. Results of this study are important for those involved in the children's wear business, as well as for clothing and retailing educators. © 1993 John Wiley & Sons, Inc.     

What do we know about racial discrimination in mortgage markets?

The article summarizes evidence regarding racially discriminatory acts in the mortgage lending market. Various information sources are considered: paired-testing studies, statistical studies of lending patterns and loan rejections, administrative histories, legal suits, case studies, and mortgage underwriting standards. The review demonstrates that, although there remain many unanswered questions about the scope and nature of racial discrimination in mortgage lending, there is sufficient evidence to conclude that the problem still exists.