The Sub-Saharan African informal economy is often characterised by underemployment where workers spend countless hours earning bare minimum. This study investigates the impact of microfinance participation on earnings, time spent on market work, household work and leisure among women in the informal economy in Kenya. The findings are that microfinance on average increases earnings and reduces working hours due to a negatively sloping labour supply curve. This can be interpreted as an increase in productivity. As working hours are reduced, it is argued that time spent on the two other activities increase proportionally. If household work and leisure can be interpreted as activities with positive marginal utility, then these changes can be seen as income effects.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:uu-455061 |
| Date | January 2021 |
| Creators | Svensson, Axel |
| Publisher | Uppsala universitet, Nationalekonomiska institutionen |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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