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Business survey outcomes for micro and small firms are notoriously noisy, with multiple sources of measurement and recall error. This paper introduces a new survey methodology that combines automatic consistency checks of electronic data collection with triangulation and dynamic adjustment to...
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This paper provides evidence that commercial lenders in Peru free ride off their peers' screening efforts. Leveraging a discontinuity in the loan approval process of a large bank, the study finds that competing lenders responded to additional loan approvals by issuing approvals of their own....
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Business practices and performance vary widely among local peers. This paper identifies key determinants of such heterogeneity among a sample of small urban retail shops in Indonesia, and experimentally tests whether learning about the best practices of local peers is valuable for business...
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Small-scale entrepreneurs are ubiquitous in emerging market economies, yet very few graduate to become larger … businesses. This paper asks whether such entrepreneurs aspire to grow and, if so, on which dimensions of the business? What … factors influence these aspirations, how realistic are they, and do entrepreneurs dynamically update them based on realized …
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