Journal Articles

While adverse selection is an important theoretical explanation for credit rationing it is difficult to quantify empirically.

Property rights are important for economic exchange, but in many parts of the world, they are not publicly guaranteed.

A positive demand shock for coltan, a mineral whose bulky output cannot be concealed, leads armed actors to create illicit customs and provide protection at coltan mines, where they settle as “stationary bandits.” A similar shock for gold, easy to conceal,

A significant amount of resources is spent every year on the improvement of transportation infrastructure in developing countries.