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We use a randomised controlled trial (RCT) to analyse the impact of microcredit on poverty reduction in Bosnia and Herzegovina. The study population are loan appli-cants that would normally have just been rejected based on regular screening. We find that access to credit allowed borrowers to...
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The Pareto distribution has been used to describe firm sizes in many theoretical models for its convenience and empirical validity. We provide estimates of the Pareto parameters across industries and investigate the determinants of the shape of the firm size distribution in Brazil. The Pareto...
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The shock on human capital caused by COVID-19 is likely to have long lasting consequences, especially for children of … of the most vulnerable could be seriously affected. In particular, the likelihood of children from low educated families …
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, on average. This pattern seems to be driven by the high upward mobility of children from low-educated families; at the …
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