In low-income communities, pressure to share income with others may disincentivize work, distorting labor supply. This paper documents that across countries, social groups that undertake more interpersonal transfers work fewer hours. Using a field experiment, the study enabled piece-rate factory...

International organizations collect data from national authorities to create multivariate cross-sectional time series for their analyses. As data from countries with not yet well-established statistical systems may be incomplete, the bridging of data gaps is a crucial challenge. This paper...

In low-income communities in both rich and poor countries, redistributive transfers within kin and social networks are frequent. Such arrangements may distort labor supply - acting as a "social tax" that dampens the incentive to work. We document that across countries, from Cote d'Ivoire to the...

In low-income communities in both rich and poor countries, redistributive transfers within kin and social networks are frequent. Such arrangements may distort labor supply acting as a "social tax" that dampens the incentive to work. We document that across countries, from Cote d'Ivoire to the...

Mit der allmählichen Wandlung des Internets und seiner Dienste zu einem Transaktionsmedium und dem damit einhergehenden Bedarf nach geschäftlichen Kollaborationsplattformen sowie der zugleich zunehmenden Durchdringung der betrieblichen Prozesse mit integrierten Informationssystemen ergeben...

Monetary policy shocks have a large impact on stock prices during narrow time windows centered around press releases by the FOMC. We use spatial autoregressions to decompose the overall effect of monetary policy shocks into a direct effect and a network effect. We attribute 50 to 85 percent of...