This paper conducts a meta-analysis of 24 studies evaluating the impact of formal loans on small and medium-sized enterprise performance. Using a Bayesian hierarchical model, the paper estimates that formal loans increase small and medium-sized enterprise employment by 12 percent, sales by 18.3...

Severen and van Benthem (2022b) studies the effect of gasoline price changes during adolescence on driving behavior as an adult. They find that price changes at ages 15-18 lead to reduced driving during adulthood. In this comment, I replicate the effect on miles travelled using unrestricted...

Severen and van Benthem (2022b) studies the effect of gasoline price changes during adolescence on driving behavior as an adult. They find that price changes at ages 15-18 lead to reduced driving during adulthood. In this comment, I replicate the effect on miles travelled using unrestricted...