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Growth and well-being: policy should not be based on GDP alone
Economists are often accused of focusing excessively on GDP, with the result that government policies make GDP a priority to the detriment of other contributors to well-being. This research proposes a...
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Tax evasion and inequality
How widespread is tax evasion – and what does that imply for the true extent of inequality? This research explores these questions by analyzing a unique dataset of leaked customer lists from offshore...
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Nominal wage rigidity in village labor markets: evidence from India
Markets for daily wage labor are ubiquitous in poor countries, providing employment for hundreds of millions of workers in India alone. In an exploration of how nominal wages in these markets respond...
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Understanding the Average Impact of Microcredit
The idea that giving small or “micro” loans to poor households in developing countries could help them escape poverty by starting or growing their own businesses, was once considered so compelling that...
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Age of marriage, weather shocks, and the direction of marriage payments
Child marriage is associated with a wide array of poor socio-economic outcomes, but around half of all prime-aged women in South Asia and Sub-Saharan Africa were married as children. A recent article...
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Tackling Youth Unemployment: Evidence from a Labor Market Experiment in Uganda
Youth unemployment is a significant, and growing, issue in many countries. This randomized study looks to address the limited evidence on the relative effectiveness of vocational training and...
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Cash Transfers and Nonlinear Prices
Many studies analyzing the effect of cash transfers on prices have focused on average unit prices and documented no effect. We find, however, that price discrimination in the form of quantity discounts...
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Achieving Scale Collectively
We study whether the small size of firms in developing countries prevents adoption of modern and productive machines, thus limiting technology adoption and productivity. Combining a novel survey of...
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Liberation Technology: Mobile Phones and Political Mobilization in Africa
The spread of digital information and communication technology has fed a wave of optimism about its use as a “liberation technology” capable of helping the oppressed and disenfranchised around the...
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Criminal capital and a life of crime
Illegal markets and associated crime are major concerns in developing countries and marginalized areas of rich countries, as exemplified by the impact of the drug trade from Peru and Colombia on the...
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