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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

Development through Integration

What would happen if a poor country were to be integrated with a richer neighbor? Our analysis of the reunification of South and North Korea shows convergence of income between countries but divergence within.

Research Note
2 Mar 2021

It Takes Two: Experimental Evidence on the Determinants of Technology Diffusion

Hardy and McCasland (2021) report on an experiment that brings insights from the literature on demand-side determinants of technology adoption to the study of peer-to-peer diffusion.

Journal Article
1 Mar 2021

Management Traits as Embodied Human Capital: A Randomised Field Experiment in Ethiopia

What is the effect of exposing motivated youth to firm management in practice? To answer this question, we place young professionals for one month in established firms to shadow middle managers.

Research Note
12 Feb 2021

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