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.
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.
Shocks faced in early life have been linked with persistent inequalities in long-term health and economic outcomes. This paper studies the link between seasonal rainfall shocks and early childhood development in rural Uganda.
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.
