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Does Inducing Informal Firms to Formalize Make Sense? Experimental Evidence from Benin

Efforts to bring informal firms into the formal sector are often based on a view that this will bring benefits to the firms themselves, or at least benefit governments through increasing the tax base.

Journal Article
1 Jan 2018

Investment Dynamics, Unobserved Heterogeneity and Endogenous Investment Switching Regime in Manufacturing

This paper investigates the industrial effects of true state dependence, the sales-to-capital ratio and unobserved heterogeneity on the rate of investment in plant, machinery and equipment (PME) in Swaziland.

Working Paper
1 Jan 2018

Gender embeddedness in patriarchal contexts undergoing institutional change: Evidence from Nepal

This chapter focuses on how gendered institutions explain entrepreneurial choice in the informal economy in developing contexts contribute towards discussions on the contextual embeddedness of women's entrepreneurship.

Book Chapter
1 Jan 2018

Contract Design, Business Growth, and Female Entrepreneurship: Evidence from Microfinance in India

Several field experiments find positive returns to grants for male and not female micro- entrepreneurs. But these analyses overlook that female entrepreneurs often reside with a male business owner.

Research Note
5 Dec 2017

The Skills to Pay the Bills: Returns to On-the-job Soft Skills Training

Adhvaryu, Kala and Nyshadham (2017) evaluate the causal impacts of on-the-job soft skills training on the productivity, wages, and retention of female garment workers in India. The program increased women’s extraversion and communication, and spurred technical skill upgrading.

Working Paper
1 Dec 2017

Monitoring and Intrinsic Motivation: Evidence from Liberia’s Trucking Firms

Severe information asymmetries are thought to make contracting particularly difficult within (and across) firms in developing countries.

Working Paper
19 Nov 2017

Competition and Market Power in Deregulated Fertilizers in India

This paper by Beáta Itin-Shwartz (2017) investigates competition and market share dominance in the Indian fertilizer sector during a process of deregulation, using a newly constructed database.

Working Paper
10 Nov 2017

Interest Rate Caps, Relationship Lending, and Bank Competition: Evidence from Bangladesh

Miyauchi (2017) studies the short and long-term impacts of the interest rate caps on loans for large and medium-sized manufacturing enterprises introduced in 2009 and lifted in 2011 and 2012 in Bangladesh.

Working Paper
10 Nov 2017

Are Small Firms Labour Constrained? Experimental Evidence from Ghana

Firms in poor countries are much smaller than firms in rich countries, with the modal firm being a single person, the owner. Meanwhile, youth unemployment and underemployment are widespread.

Research Note
19 Oct 2017

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