-functioning. However, an important role of centralized markets is matching heterogeneous products, such as fish, to buyers of these … products. The high level of differentiation in the Fulton fish market and the institutional structure at the Fulton market has …

We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set … the key features observed in a set of high quality transaction-level data on fish sales collected at the Fulton fish …

(OLS) is the recommended estimation procedure. Supply to a daily fish market is determined by the previous night’s catch …, so this would appear to be a good example of a recursive market. Despite this, data from the Fulton fish market are …

This paper investigates spatial variations in product prices using an exhaustive micro dataset on fish transactions …. The data record all transactions between vessels and wholesalers that occur on local fish markets in France during the … year 2007. Spatial disparities in fish prices are sizable, even after fish quality, time, seller and buyer unobserved …

Hidden Markov Model that answers the question, taking into account that often we do not know whether a cartel exists in an …

This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history … influence, in and out of Africa, of the slave trades. The essay ends with critical conclusions and suggestions for further …

Long-run trends in Africa’s well-being are provided on the basis of a new index of human development, alternative to … experienced in other developing regions. Within Africa, Sub-Saharan Africa has fallen steadily behind the North since mid-20th …

South Africa and variation in the intensity of this law to identify increases in wages for domestic workers and find no …