A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium.
Alfonsi, Bandiera, Bassi, Burgess, Rasul, Sulaiman and Vitali (2020) design a labor market experiment to compare demand- and supply-side policies to tackle youth unemployment, a key issue in low-income countries.
This project examines demand-side constraints to the growth of firms in Uganda including search and contracting frictions related to asymmetric information on quality.
It has long been argued that firms in developing countries enter small and struggle to grow large. This paper studies whether the small firm scale might itself hinder their labor productivity, thus spurring a vicious cycle of underdevelopment. Bassi et al.
This project investigates the role of access to comparative loan information in consumer borrowing decisions, and how providing easy-to-process comparative information improves decision making.
