Showing 1 - 9 of 9
This paper measures excess labor supply in equilibrium. We examine hiring shocks--which employ 24% of the labor force in external month-long jobs--in Indian local labor markets. In peak months, wages increase instantaneously and local aggregate employment declines. In lean months, consistent...
Persistent link: https://www.econbiz.de/10012510522
correlate with downward wage rigidity and business cycle volatility across India …
Persistent link: https://www.econbiz.de/10012479829
, India, we find that "gung ho entrepreneurs" (GEs), households who were already running a business before microfinance …
Persistent link: https://www.econbiz.de/10012480290
, we conducted a large-scale messaging campaign in West Bengal, India. Twenty-five million individuals were sent an SMS …
Persistent link: https://www.econbiz.de/10012481352
Formal financial institutions can have far-reaching and long-lasting impacts on informal lending and information networks. We first study 75 villages in Karnataka, 43 of which were exposed to microfinance after we first collected detailed network data. Networks shrink more in exposed villages....
Persistent link: https://www.econbiz.de/10012482583
How should policymakers disseminate information: by broadcasting it widely (e.g., via mass media), or letting word spread from a small number of initially informed "seed" individuals? While conventional wisdom suggests delivering information more widely is better, we show theoretically and...
Persistent link: https://www.econbiz.de/10012453041
In October 2010, the state government of Andhra Pradesh, India issued an emergency ordinance, bringing microfinance …
Persistent link: https://www.econbiz.de/10012453385
, we show that in rural India, for example, ARD surveys are 80% cheaper than full network surveys …
Persistent link: https://www.econbiz.de/10012455190
The idea that worker utility is affected by co-worker wages has potentially broad labor market implications. In a month-long experiment with Indian manufacturing workers, we randomize whether co-workers within production units receive the same flat daily wage or different wages (according to...
Persistent link: https://www.econbiz.de/10012456186