This paper gives the reader a tool to handle the current crisis faced by the microfinance industry in Andhra Pradesh, India. Microfinance has gained importance in the Indian and the global economy. This paper highlights the reason for this importance and its success while tracking the evolution...

The long-run evolution of per-capita income exhibits a structural break often associated with the Industrial Revolution. We follow Mokyr (2002) and embed the idea that this structural break reflects a regime switch in the evolution of technological knowledge into a dynamic framework, using Airy...

This thesis consists of four essays that contribute to the empirical literature on the determinants of recent changes in the employment and wage structure in Germany. The first essay analyzes recent employment growth at the lower tail of the wage distribution and its relation to technological...