Research Notes

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.

Bazzi, Muendler and Rauch (2017) use new data on credit transactions and formal firms in Brazil to identify the effects of a large-scale expansion in credit for small and medium enterprises.

Adhvaryu, Nyshadham and Tamayo (2017) study 5 distinct factors of managerial quality that are likely to impact learning by doing within the firm: vocation-specific experience, managerial autonomy, cognitive skills, personality, and demographic relatability to workers.

Pande and Sudarshan (2017) compile a unique dataset on India’s controversial environmental clearance (EC) process, the system through which large investment projects receive government approval before breaking ground.