Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and … labor markets, this paper estimates the macroeconomic benefits and international spillovers of an increase in competition …, greater competition produces large effects on macroeconomic performance, as measured by standard indicators. In particular, we …

competition affect the incentives given to scientists, and these effects interact. First, high knowledge spillovers lead firms to … soften incentives when product market competition is high, and to strengthen incentives when competition is low. Second, the … relationship between the intensity of competition and the power of incentives is U-shaped, with the exact shape depending on the …

We consider how past, current, and future competition within an elimination tournament affect the probability that the … our theory predictions using data from high-stakes tournaments. Empirical results suggest that shadow and spillover …

Motivated by recent empirical work, this paper formalizes a theory of competitive savings - an arms race in household … savings for mating competition that is made more fierce by an increase in the male-to-female ratio in the pre-marital cohort … conditions under which aggregate savings would go up in response to a higher sex ratio? This theory can potentially help to …

experimental data from Kenya where subsidies were randomized, coupled with GPS-based location information, we show how to estimate …

Using data from a field experiment in Kenya, we document that providing individuals with simple informal savings … providing a safe place to keep money was sufficient to increase health savings, through a mental accounting effect. Adding an … earmarking feature was only helpful when funds were put towards emergencies; earmarking for preventative health reduced savings …

I use a field experiment in rural Kenya to study how temporary incentives to save impact long-run economic outcomes …

Does limited access to formal savings services impede business growth in poor countries? To shed light on this question …, we randomized access to non-interest-bearing bank accounts among two types of self-employed individuals in rural Kenya … expenditures. We see no impact for bicycle-taxi drivers. These results imply significant barriers to savings and investment for …