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Big Loans to Small Businesses: Predicting Winners and Losers in an Entrepreneurial Lending Experiment

We experimentally study the impact of substantially larger enterprise loans, in collaboration with an Egyptian lender. Larger loans generate small average impacts, but machine learning using psychometric data reveals dramatic heterogeneity.

Working Paper
20 Sep 2021

Price Setting Behaviour in Economic Community of West African States: Some Stylized Facts

This study analysed the stylized facts that characterised price-setting behaviour in the Economic Community of West African States (ECOWAS).

Working Paper
7 Sep 2021

India’s Food Supply Chain During the Pandemic

We document the impact of India’s COVID-19 lockdown on the food supply chain. Food arrivals in wholesale markets dropped by 69% in the three weeks following the lockdown and wholesale prices rose by 8%.

Working Paper
31 Jul 2021

The Local Advantage: Corruption, Organised Crime, and Indigenisation in the Nigerian Oil Sector

Despite productivity advantages, multinational firms may operate less effectively than their local competitors in markets plagued by corruption and conflict.

Working Paper
27 Jul 2021

Pollution in Ugandan Cities: Do Managers Avoid it or Adapt in Place?

Developing countries suffer from rising urban pollution levels, with associated negative effects on health and worker productivity. We study how managers in developing country cities cope with the polluted environment.

Working Paper
14 Jul 2021

TFP Estimation at the Firm Level: Do Fiscal Pressure, the Legal Form, and the Local Competition Matter for Firm Performance in Senegal

This paper reviews the state of the art in firm-level Total Factor Productivity (TFP) estimation by employing an unbalanced panel of 4,501 Senegalese firms in the Construction and Trade Services industries over the period 2008–2018.

Working Paper
7 Jul 2021

Monitoring in Small Firms: Experimental Evidence from Kenyan Public Transit

This paper was initially published in 2018 under the title 'The Impact of Monitoring Technologies on Contracts and Employee Behavior: Experimental Evidence from Kenya's Transit Industry'.

Working Paper
2 Jul 2021

Endogenous Spatial Production Networks: Quantitative Implications for Trade and Productivity

In modern economies, production is organized in large-scale complex networks of firms trading intermediate inputs with each other. Larger Indian firms selling inputs to other firms tend to have more customers, tend to be used more intensively by their custom

Working Paper
29 Jun 2021

Earnings Inequality and the Minimum Wage: Evidence from Brazil

Moser and Engbom (2021) show that a rise in the minimum wage accounts for a large decline in earnings inequality in Brazil since 1994. To this end, they combine rich administrative and survey data with an equilibrium model of the Brazilian labour market.

Working Paper
11 May 2021

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