MIT Dept. of Economics Working Papers Series: Recent submissions
Now showing items 22-24 of 1293
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Political Economy in a Changing World
(Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2013-06-18)We provide a general framework for the analysis of the dynamics of institutional change (e.g., democratization, extension of political rights or repression of different groups), and how these dynamics interact with ... -
The miracle of microfinance? Evidence from a randomized evaluation
(2013-06-06)This paper reports on the first randomized evaluation of the impact of introducing the standard microcredit group-based lending product in a new market. In 2005, half of 104 slums in Hyderabad, India were randomly selected ... -
Innovation, Reallocation and Growth
(2013-06-05)The standard approach to policy-making and advice in economics implicitly or explicitly ignores politics and political economy, and maintains that if possible, any market failure should be rapidly removed. This essay ...


