In this dissertation I investigate the quantitative importance of embodied technical change as a source of the sharp rise in wage inequality occurred in the U.S. economy in the past 25 years. The essays in this thesis identify a pair of economic mechanisms that, given an acceleration in...

Although microfinance institutions across the world are moving from group lending towards individual lending, this strategic shift is not substantiated by sufficient empirical evidence on the impact of both types of lending on borrowers. We present such evidence from a randomised field...