Worker sorting into tasks and occupations based on their skills plays a potentially important role in aggregate labor productivity. This sorting may be inefficient if jobseekers do not apply to jobs that match their skills.
Aid agencies and governments spend more than a billion US$ on entrepreneurship training annually. What have we learned about the effectiveness of training? We review research on entrepreneurship training.
Many small businesses in low-income countries hire employees from their kinship networks. This fact is often attributed to hiring from the kinship network reducing contracting frictions or informational asymmetries.
Market power can be beneficial to the environment – by distorting production to lower levels, emissions also decrease. But what happens when the regions affected by market power are the most productive, lowest emitters?
Landmines affect the lives of millions in many conflict-ridden communities long after the cessation of hostilities. However, there is little research on the role of demining.