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Networking entrepreneurs: theory and evidence from a Pan-African RCT

15.1.39

Fernando Vega-Redondo (UC3M)   "Networking entrepreneurs: theory and evidence from a Pan-African RCT" ABSTRACT: Can peer interaction foster entrepreneurship and innovation, even in large-scale environments? This question, which has substantial economic implications, is studied both empirically and theoretically. For the empirical part of the analysis, we have conducted an RCT involving almost 5,000 entrepreneurs from […]

Overcoming empathy failures to reduce inequality: Experimental evidence from Colombia

15.1.39

Sandra Polanía-Reyes (University of Navarra)   "Overcoming empathy failures to reduce inequality: Experimental evidence from Colombia" ABSTRACT In recent years, Latin America and the Caribbean has faced a wave of six million migrants from Venezuela, three million of them entering Colombia. The migration crisis adds to the demographic shock stemming from internally displaced people (IDPs), […]

Binary Response Dynamic Panel Data Models with Switching State Dependence

15.1.39

Eleni Aristodemou (University of Cyprus)   "Binary Response Dynamic Panel Data Models with Switching State Dependence" Abstract: This paper studies identification in binary response dynamic panel data models with switching state dependence. Departing from the standard approach of modelling binary response dynamic panel data models, where last period's choice enters as an additional regressor, this […]

Trade Credit and Financial Amplification

15.1.39

Luigi Bocola (Stanford)   "Trade Credit and Financial Amplification" (joint with G. Bornstein) In most countries, suppliers of intermediate goods are also the main providers of short term financing to their customers via trade credit contracts. This paper builds a model where these inter-firm financial linkages arise endogenously and uses it to understand how trade […]