Foreign direct investment (FDI) is considered by policymakers as an important driver of local economic development. For example, foreign investors may establish supply chain linkages with domestic firms, enhancing their productive capacities (e.g.
We document differences in the experiences of firms and firm owners by gender during the early COVID-19 crisis in Ghana. Female-owned firms are more likely to close during the Spring of 2020, but equally likely to be open by July 2020.
This paper examines whether mobile money adoption can induce informal firms to formalize, an aspect that has been overlooked in the empirical literature.
This project assesses the importance of an as-yet underappreciated potential barrier to international trade and firm growth: firms being uninformed about trade costs and unaware of trade agreements relevant to their sector.
Increases in the minimum wage can substantially reduce earnings inequality. To demonstrate this, we combine administrative and survey data with an equilibrium model of the Brazilian labor market.
Africa has some of the highest rates of unemployment globally, yet there is limited understanding of the sources of labor market frictions due to data scarcity.
