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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

The Value of Face-to-Face: Search and Contracting Problems in Nigerian Trade

Distance between buyers and sellers can create search and contracting problems: how to find out what goods are available and ensure they are actually delivered.

Working Paper
1 Mar 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

Multinational enforcement of labor law: Experimental evidence from Bangladesh’s apparel sector

Western stakeholders are increasingly demanding that multinationals sourcing from developing countries be accountable for labor rights and working conditions upstream in their supply chains.

Working Paper
29 Jan 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

Rule of Law and Female Entrepreneurship

Commerce requires trust, but trust is difficult when one group consistently fears expropriation by another.

Working Paper
1 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

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