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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

Repayment Flexibility and Risk Taking: Experimental Evidence from Credit Contracts

A widely held view is that small firms in developing countries are prevented from making profitable investments by lack of access to credit and insurance markets. One solution is to provide repayment flexibility in credit contracts.

Working Paper
1 Apr 2021

The Effects of Multinationals on Workers: Evidence from Costa Rica

This paper estimates the effects of multinational corporations (MNCs) on workers. To that end, Alfaro-Ureña et al.

Working Paper
1 Apr 2021

Africa’s Manufacturing Puzzle: Evidence from Tanzanian and Ethiopian Firms

Recent growth accelerations in Africa are characterized by increasing productivity in agriculture, a declining share of the labor force employed in agriculture and declining productivity in modern sectors such as manufacturing.

Working Paper
3 Feb 2021

Managerial Quality and Productivity Dynamics

Do productivity and managerial quality vary within the firm? If so which managerial traits and practices matter most for team productivity? Combining granular garment production data with survey data on managers across 120 production lines in India, Adhvaryu et al.

Working Paper
7 Jan 2021

Asset-based Microfinance for Microenterprises: Evidence from Pakistan

We conduct a field experiment offering graduated microcredit clients the opportunity to finance a business asset worth four times their previous borrowing limit. We implement this using a hire-purchase contract; our control group is offered a zero-interest loan.

Working Paper
1 Jan 2021

General Equilibrium Effects of Cash Transfers: Experimental Evidence from Kenya

How large economic stimuli generate individual and aggregate responses is a central question in economics, but has not been studied experimentally. We provided one-time cash transfers of about USD 1000 to over 10,500 poor households across 653 randomized villages in rural Kenya.

Working Paper
22 Dec 2020

Globalization and Female Empowerment: Evidence from Myanmar

Molina and Tanaka (2020) examine whether globalization promotes female empowerment by improving the jobs available to women. Previous work has documented that exporting causally improved working conditions at predominantly female garment factories in Myanmar.

Working Paper
1 Dec 2020

The Effects of Joining Multinational Supply Chains: New Evidence from Firm-to-Firm Linkages

Alfaro-Ureña et al. (2020) study the effects of becoming a supplier to multinational corporations (MNCs) using tax data tracking firm-to-firm transactions in Costa Rica.

Working Paper
1 Dec 2020

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