Markets

Can informed buyers improve goods quality? Experimental evidence from crop seeds

We study whether adding informed buyers to a market can improve the quality of goods supplied by sellers, in an environment where goods quality is difficult to observe.

Working Paper
20 Jan 2022

The Microstructure of Corporate Bond Markets in Emerging Economies: Evidence from Africa

Using survey and interview data gathered from 13 countries in Africa, and bond issuance data from DataStream, this study reveals that corporate bond markets in Africa use reasonably modern trading infrastructure.

Research Note
29 Oct 2021

Bribes vs. Taxes: Market Structure and Incentives

Firms in low-income countries often avoid paying taxes by making informal payments to tax officials.

Journal Article
20 Oct 2021

Price Setting Behaviour in Economic Community of West African States: Some Stylized Facts

This study analysed the stylized facts that characterised price-setting behaviour in the Economic Community of West African States (ECOWAS).

Working Paper
7 Sep 2021

Empowering the measurement of economic growth on the ground: Exploring energy use and enterprise behaviours in Dhaka

This project will construct a database of the energy use of manufacturing enterprises in Dhaka to identify firm growth and economic outcomes over time and space.

Research Project
29 Jun 2021

The Effect of Warehouse Receipt Finance on Terms of Trade for Farmers

This project will examine the effect of warehouse receipt financing on terms of trade for farmers in India.

Research Project
29 Jun 2021

Mechanising Agriculture: Impacts for Labour and Agricultural Productivity

The measurement of the returns to adoption of mechanised practices is of first order relevance to understanding the effect of policies directed towards capital intensification on overall productivity.

Research Note
18 May 2021

The Value of Face-to-Face: Search and Contracting Problems in Nigerian Trade

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.

Working Paper
1 Mar 2021

Relationships on the Rocks: Contract Evolution in a Market for Ice

Firms use relational contracts to support repeated trade. Do these informal agreements evolve in response to market conditions? In a market for ice, firms reestablish relationships on new terms when a prior agreement breaks down.

Journal Article
1 Jan 2021

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