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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

Do Marketing Channel Reforms Increase Competition? Evidence from Indian Produce Markets

In this paper Alé Chilet and Itin-Shwartz (2020) study the effectiveness of marketing channel liberalization in increasing competition among traders and prices obtained by farmers for their produce.

Working Paper
1 Dec 2020

Worker Heterogeneity and Job Search: Evidence from a Six-Year Experiment in Uganda

Developing countries face the challenge of aiding large cohorts of labour market entrants find good jobs. How to do so is complicated by job seekers differing in their skills, information and traits. Bandiera et al.

Working Paper
1 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

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