How do consumers’ information frictions affect firms’ choice of location within a city? This paper combines an original data collection and a quantitative equilibrium model of consumer search and firm location to answer this question.
This research investigates whether the adoption of mobile money can induce microenterprises to formalise. We use as setting Burkina Faso and exploit survey data on informal business and randomised incentives and information.
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.
Can warehouse receipt finance improve trading terms for small farmers and reduce price seasonality? We study this question in the context of a warehouse receipt program in India using detailed market data and warehouse locations.
