Welcome to the Enterprise Initiative
The Enterprise Initiative is a research program that supports rigorous methods to examine the complex process of wealth creation and the role of enterprise in alleviating poverty. The Initiative, funded by a $3.3 million grant, explores entrepreneurship in developing economies through the lens of Applied General Equilibrium Enterprise Economics (AGE-3). Using analytic economic modeling, researchers closely study human entrepreneurial talent and the attitudes that contribute to economic success, not only at the individual level but also at the village, regional and national levels. This collaborative research initiative brings together researchers and faculty from a variety of subfields at the University of Chicago in the Department of Economics and the Computation Institute, the Poverty Action Lab at MIT and the Economic Growth Center at Yale University.
Recent News
Conference at World Bank will look at using survey data to study developing economies
Leading experts will discuss ways to improve data collection in developing economies when they meet at the World Bank for “Survey Design and Measurement in Development Economics."
 
Featured Publications
Households as Corporate Firms
This investigation proposes a conceptual framework for measurement necessary for an analysis of household finance and economic development.
Análisis para mejorar la productividad y competitividad de la economía en Chile se da cita en el CMD
La conferencia titulada “Acumulación de Riqueza y Factores que Explican el Éxito” dio inicio al encuentro que contó con  la participación del destacado académico del MIT, Robert Townsend.
 
Sources of TFP Growth – Occupational Choice and Financial Deepening
An innovative method of growth accounting is developed by Townsend and Jeong to explain the sources of growth in Thailand.
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Current Discussion
Understanding Determinants of Occupational Choice: Wealth or Talent?