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Panel A: 2011 Self- Employment Appendix Table A1: Heterogeneous Treatment Effects Wage Employment Total Employment Self- Employment Income Wage Employment Income Total Labor Income [1] [2] [3] [4] [5] [6] MESP 0.331*** -0.011 0.303*** 58.7*** 10.5 68.7*** (0.047) (0.034) (0.049) (9.95) (15.13) (18.34) Interaction of treatment with: Self-Employed in baseline -0.132** -0.063 -0.197*** 10.1 -5.5 6.7 (0.053) (0.046) (0.05) (19.63) (17.22) (24.45) Wage Employed in baseline -0.210*** -0.04 -0.286*** -27.3 12.9 -10 (0.072) (0.068) (0.051) (22.36) (20.51) (27.93) Number of observations 1,325 1,325 1,325 1,326 1,343 1,325 Panel B: 2013 Self- Employment Wage Employment Total Employment Self- Employment Income Wage Employment Income Total Labor Income [1] [2] [3] [4] [5] [6] MESP 0.073 0.098** 0.114** 3.8 50.7*** 53.2*** (0.055) (0.043) (0.051) (12.97) (15.02) (17.18) Interaction of treatment with: Self-Employed in baseline and MESP -0.013 -0.091* -0.076 22.3 -43** -18.1 (0.076) (0.048) (0.06) (24.02) (19.05) (23.96) Wage-earner in baseline and MESP -0.072 -0.037 -0.06 -9.7 -56 -61.9 (0.067) (0.081) (0.073) (26.08) (35.55) (38.57) Number of observations 1,347 1,347 1,347 1,347 1,348 1,347 Note: *** p
Appendix Table A2: ITT on Formal Employment and Earning. Data from UI [1] [2] [3] [4] [5] [6] Month Employment Effect P-value Over CG Earnings Effect P-value Over CG Sep-10 -0.034 0.012 ** -0.270 -6.674 0.277 -0.118 Oct-10 -0.056 0.001 *** -0.363 -20.328 0.004 *** -0.312 Nov-10 -0.051 0.007 *** -0.335 -13.092 0.095 * -0.207 Dec-10 -0.035 0.061 * -0.227 -6.912 0.444 -0.104 Jan-11 -0.038 0.051 * -0.260 -10.136 0.256 -0.154 Feb-11 -0.030 0.175 -0.195 -5.490 0.520 -0.083 Mar-11 -0.039 0.066 * -0.231 -13.110 0.156 -0.177 Apr-11 -0.037 0.034 ** -0.204 -10.125 0.226 -0.132 May-11 -0.038 0.026 ** -0.230 -9.573 0.305 -0.133 Jun-11 -0.020 0.221 -0.130 -6.752 0.482 -0.098 Jul-11 -0.024 0.187 -0.149 -2.396 0.819 -0.033 Aug-11 -0.018 0.312 -0.111 -3.151 0.766 -0.042 Sep-11 -0.018 0.247 -0.112 -3.128 0.716 -0.040 Oct-11 -0.020 0.238 -0.120 -0.439 0.961 -0.006 Nov-11 -0.019 0.286 -0.106 -0.020 0.998 0.000 Dec-11 -0.030 0.096 * -0.158 -9.601 0.342 -0.102 Jan-12 -0.017 0.427 -0.093 -2.021 0.850 -0.024 Feb-12 -0.020 0.370 -0.112 -8.767 0.458 -0.097 Mar-12 -0.020 0.325 -0.108 -3.928 0.683 -0.043 Apr-12 -0.033 0.042 ** -0.166 -5.553 0.604 -0.058 May-12 -0.005 0.765 -0.027 -3.400 0.777 -0.034 Jun-12 -0.018 0.360 -0.096 6.581 0.543 0.073 Jul-12 -0.028 0.082 * -0.138 -13.251 0.202 -0.125 Aug-12 -0.024 0.154 -0.117 -16.305 0.221 -0.146 Sep-12 -0.021 0.213 -0.101 0.975 0.933 0.009 Oct-12 -0.014 0.439 -0.066 -9.932 0.492 -0.089 Nov-12 -0.010 0.552 -0.048 -3.414 0.765 -0.032 Dec-12 -0.007 0.662 -0.036 -7.801 0.594 -0.064 Jan-13 0.004 0.811 0.019 -3.620 0.809 -0.032 Feb-13 0.000 0.993 -0.001 4.977 0.643 0.047 Mar-13 0.028 0.047 ** 0.152 17.023 0.097 * 0.166 Apr-13 0.010 0.428 0.049 6.782 0.576 0.057 May-13 0.026 0.119 0.134 25.865 0.043 ** 0.240 Jun-13 0.026 0.070 * 0.128 23.678 0.048 ** 0.223 Jul-13 0.014 0.371 0.069 21.961 0.084 * 0.204 Aug-13 0.019 0.208 0.088 25.369 0.056 * 0.216 Sep-13 0.022 0.220 0.108 24.447 0.077 * 0.201 Oct-13 0.029 0.108 0.143 27.381 0.071 * 0.241 Nov-13 0.035 0.077 * 0.171 25.110 0.070 * 0.210 Dec-13 0.009 0.687 0.039 17.413 0.309 0.125 Jan-14 0.019 0.344 0.083 21.916 0.120 0.170 Feb-14 0.048 0.014 ** 0.241 26.649 0.070 * 0.225 Mar-14 0.034 0.069 * 0.161 29.114 0.058 * 0.237
Page 1 and 2: Instituto I N S T Ide T Economía U
Page 3 and 4: 1 Introduction Income generation st
Page 5 and 6: (the new owners), but the effect va
Page 7 and 8: eneficiary skills, and the economic
Page 9 and 10: 3 Data and Measurement The baseline
Page 11 and 12: considered and potential extensions
Page 13 and 14: The average treatment effects (ITT)
Page 15 and 16: The increment in wage work for the
Page 17 and 18: existence of inventory and register
Page 19 and 20: If a beneficiary is moved from a tr
Page 21 and 22: lasted at least two years and could
Page 23 and 24: no change in business assets in the
Page 25 and 26: Figure 1: MESP Timeline ' ' ' ' ' '
Page 27 and 28: Graph 2: ITT Bounds on Wage-Employm
Page 29 and 30: Table 2: Variable Means and Differe
Page 31 and 32: Table 4: Mechanisms 2011 2013 [1] [
Page 33 and 34: Interaction of treatment with Progr
Page 35 and 36: Appendix 1: Business Practices The
Page 37 and 38: Appendix 2: Quality index Nº Weigh
Page 39: Appendix Tables: Appendix Table A1:
Page 43 and 44: Appendix Table A3: Upper and Lower
Page 45 and 46: Appendix Table A4: Upper and Lower
Page 47 and 48: Appendix Table A5: Bounds for T1- T
Page 49 and 50: Appendix Table A6: Bounds for T1- T

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