Providing access to cleaner and cheaper lighting solutions is necessary to lift people out of poverty. The magnitude of the economic, health, and educational impacts created by these lighting solutions as we move up the energy ladder, however, is not clear.…Read More
We show that bank credit affects entrepreneurship, but only in low-income regions. We use a novel methodology to identify credit supply shock from regional demand shock using comprehensive data on small business loans between pairs of banks and counties in the US.…Read More
Recent research suggests that diversity can provide a critical boost to organizational innovation. Indeed, organizations often espouse public goals to diversify their workforces, and past research has robustly shown that specific, quantified goals are more effective at motivating goal completion than ambiguous goals. …Read More
Despite the prevalence of paycheck dispersion, defined as fluctuations in the amount of pay they receive in return for their labor from paycheck to paycheck, in contemporary employment relationships, we know relatively little about its consequences for organizations.…Read More
High skill labor demand is infrequent but firms cannot adjust perfectly due to several adjustment costs. Professional Business Services (PBS) sector help alleviate this problem by allowing high skill labor to move across firms, reducing idiosyncratic part of labor demand risk.…Read More
We explore how intellectual property rights (IPR), a type of formal institution, affect firms’ access to global alliance networks and their positioning within those networks. We employed a difference-in-difference design to assess the impact of IPR reforms across thirteen countries.…Read More
