Large and regular seasonal price fluctuations in local grain markets appear to offer African farmers substantial intertemporal arbitrage opportunities, but these opportunities remain largely unexploited.
This project looks, on the one hand, at the effect of charity donations to terrorist organizations on attacks, and on the other at how firms adjust their lending and investment decisions in presence of increased uncertainty.
This project considers an innovative new microfinance product, based on the principles of equity financing, in which promising potential entrepreneurs are provided with capital, training and mentorship to help them become online freelancers.
A randomized pilot experiment of BRAC Microfinance’s new flexible loan contract provides information on credit take-up, the pool of borrowers, and the potential for moral hazard abatement among microfinance borrowers.
In post-conflict settings, credit constraints and risk are often prevalent and binding. This project uses an experiment to estimate the competing effects of credit constraints and risk of retail firms at the end of commodity supply chains in Sierra Leone and Liberia.
This project examines potential switching costs for borrowers of formal credit and the impact of these costs on the competitiveness of the lending market.
