Which of the democratic checks and balances - opposition parties, the judiciary, a free press -is the most critical? Peru has the full set of democratic institutions. In the 1990s, the secret-police chief Vladimiro Montesinos systematically undermined them all with bribes. We quantify the checks...

This paper presents the results of an impact evaluation, with an experimental design, which estimates the effect on learning math of a remote tutoring program offered to girls and boys aged 9-14 years in three departments of El Salvador. The program used low-tech interventions such as text...

This paper presents the results of an impact evaluation, with an experimental design, which estimates the effect on learning math of a remote tutoring program offered to girls and boys aged 9-14 years in three departments of El Salvador. The program used low-tech interventions such as text...

Is investment constrained more by insecure property rights or by limited external finance? For five transition economies in Eastern Europe and the former Soviet Union we find that weak property rights limit the reinvestment of profits in startup ma nufacturing firms. Access to credit does not...

The mix of formal and informal mechanisms for contract enforcement is examined using survey data from Russia, Ukraine, Romania, Poland, and Slovakia. Using the size of trade credit to quantify the success of contracting, we ask: Do the courts have a perceptible effect on contracting? When can a...