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Competing for Relationships: Markets and Informal Institutions in Sierra Leone

A body of literature suggests that relationships affect contractual and market outcomes, but how does market structure affect the economics of relationships?

Working Paper
24 Jan 2015

Short-Term Impacts of Formalization Assistance and a Bank Information Session on Business Registration and Access to Finance in Malawi

Despite regulatory efforts designed to make it easier for firms to formalize, informality remains extremely high among firms in Sub-Saharan Africa. In most of the region, business registration in a national registry is separate from tax registration.

Working Paper
1 Jan 2015

Spatial Competition among Financial Service Providers and Optimal Contract Design

In this working paper Townsend and Zhorin (2014) present a contract-based model of industrial organization that allows us to consider in a unified way both different information frictions (moral hazard, adverse selection, both) and a variety of market structures (monopoly, imperfect competition,

Working Paper
28 Dec 2014

Assortative Matching of Exporters and Importers

This paper by Teshima, Sugita and Seira (2015) examines the mechanism determining the matching of exporting firms and importing firms. From transaction data of Mexican textile/apparel exports to the US, they report two new facts on exporter–importer matching at the product level.

Working Paper
1 Dec 2014

Characteristics of Entrepreneurs and Performance of Micro, Small and Medium Enterprises in Post conflict State: Evidence from Chad

Using the third Chadian survey on consumption and informal sector (ECOSIT III), this study aims at assessing the relationship between the profile of entrepreneurs and the performance of SMEs in Chad.

Working Paper
7 Oct 2014

Essays on the Economics of Statelessness and State Formation

This dissertation empirically examines economic exchange in the absence of the state.

Working Paper
7 Jul 2014

The Role of Industry and Economic Context in Open Innovation: Evidence from Nigeria

Using innovation survey data on a sample of UK manufacturing firms, Laursen and Salter (2006) documented a non-monotonous relationship between external search strategies and firm-level innovative performance.

Working Paper
1 Jul 2014

Microenterprise Development as a Poverty-Reduction Strategy in Nepal: A Multidimensional Analysis of the Factors Determining Microenterprise Performance

Microenterprise development is one of the most discussed antipoverty strategies in contemporary development discourses. Many developing countries have adopted this strategy to fight against poverty.

Working Paper
1 May 2014

Taxes, Misallocations, and Productivity

Misallocations of factors of production have the potential to explain a large portion of cross-country differences in productivity (Hsieh and Klenow, 2009). Yet, empirical evidence relating actual differences in firms' productivity to observable policy distortions has been scarce.

Working Paper
5 Jan 2014

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