A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium.
Developing countries face the challenge of aiding large cohorts of labour market entrants find good jobs. How to do so is complicated by job seekers differing in their skills, information and traits. Bandiera et al.
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 will examine whether quality-upgrading incentives and access to a buyer willing to pay a premium for high-quality products can raise profits and welfare in Uganda.
Technology is often embodied in expensive and indivisible capital goods. As a result, the small scale of firms in developing countries could hinder investment and productivity. Bassi et al.
This project examines demand-side constraints to the growth of firms in Uganda including search and contracting frictions related to asymmetric information on quality.
