While much is known about the effects of class size and teacher quality on achievement, there is little evidence on whether policymakers can improve education by utilizing non-instructional resources. We exploit plausibly exogenous within-school variation in counselors and find that one...

Bank-issued credit is an important source of external financing for dynamic firms in transition economies. However, banks with a primary mission of issuing loans to private firms have only recently emerged in Russia. While this emergence (and subsequent expansion) appears to be carrying...

We study the role of inter-group differences in the emergence of conflict. In our setting, two groups compete for the right to allocate society’s resources, and we allow for costly inter-group mobility. The winning group offers an allocation, that the opposition can either accept, or reject...

Information sharing has become increasingly important in helping consumers make better, more informed choices over competing products. Our project uses a novel theoretical framework and laboratory experiments to analyze three simple, commonly used incentive schemes against an unincentivized...

Information sharing has become increasingly important in helping consumers make better, more informed choices over competing products. Our project uses a novel theoretical framework and laboratory experiments to analyze three simple, commonly used incentive schemes against an unincentivized...

Over the period of 1995-2005 an increasing number of differentiated products have been exported from developing countries. For example, while Chinese products had exported to 40.5% more markets on average, the corresponding numbers for Japan and the United States were almost constant. Using the...

This paper tests the robustness of the "two-tiered market" in which efficient bilateral contracts emerge between firms and workers (Brown, Falk and Fehr, 2004). Our experiment introduces stochastic interruptions in firms' ability to offer contracts. Involuntarily laid off workers are eager to be...

This paper describes a randomized field experiment testing the impact of a savings competition on the behavior of homeless individuals staying at a transitional shelter. When monetary prizes were offered for achieving the highest savings rates within a particular month, savings increased while...

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