Performance ranking triggers multiple social incentives for workers. On one hand, it offers status rewards to induce the workers to increase their effort. On the other, it introduces risks of social retribution from coworkers for outperforming them.
One third of the 420 million young people in Africa are unemployed. Understanding how youth search for jobs and what affects their ability to find good jobs is of paramount importance.
We quantify the benefits of better firm-to-firm matching in an aggregate diffusion model and use it to interpret empirical moments from interventions that do so at a smaller scale.
This paper studies productivity growth and input reallocation across plants, and scrutinises the wedges between the marginal product of inputs and marginal costs hindering the allocative efficiency of factor inputs.
Tracing out the effect of large economic stimuli on the pattern of transactions in an integrated economy, and their aggregate implications, has long been a central goal of economic analysis, but until now has not been studied experimentally.
