This paper investigates the relationship between location, agglomeration, access to credit, informality, and productivity across cities and industries in Cameroon. Emphasizing the link between micro-foundations and the data, the paper develops and estimates a structural model of occupational...

Participation in social programs is often misreported in survey data, complicating the estimation of the effects of those programs. In this paper, we propose a model to estimate treatment effects under endogenous participation and endogenous misreporting. We show that failure to account for...

How much do financial constraints delay entrepreneurship and how much do they cost households in terms of foregone welfare and implied inequality in countries with large informal sectors and poorly developed financial markets? I use a dynamic occupational choice model with credit constraints to...