We consider two vertical links between informal- and formal-sector firms and study their implications. In one case, the final products produced by the formal- and informal-sector firms are vertically differentiated in terms of quality, and the size...
The success of new start-up firms often depends on timing. It is valuable for the potential entrepreneur to wait for the right moment before starting a new firm. In this paper we provide a theoretical model to determine the optimal time for starting...
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have...
Using multinomial logit we analyze factors that influence the choice of mechanization technologies in Nyanza Province. The results show that farmers are aware of the attributes of the mechanization technologies, and that animal traction is the most...
by Kaushik Basu The Conundrum Most reasonable people agree that workers, wherever they happen to be, should have the guarantee of certain basic rights...
Part of Journal Special Issue Spatial Inequality and Development
Part of Journal Special Issue Poverty, Development, and Behavioral Economics
We use large survey data sets of firms provided by the World Bank for China, India, and Brazil—Investment Climate Surveys—to address the important question: what determines the locational choice of firms among cities in these countries. We find that...
Part of Book Food Insecurity, Vulnerability and Human Rights Failure
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