This is a joint blog with Cesar Rodriguez. The need for public intervention to expand access to credit for firms in emerging markets has been debated for long by policy makers and scholars. Even more controversial has been the role that government-owned Banks should play in these economies. We just published a paper in the SPD working paper series, in which we try to … [Read more...] about The impact of public credit programs on Brazilian firms
By Conner Mullally Many of us believe that studies following the “gold standard” of randomized assignment, such as those generated by academic labs in the hard sciences, are beyond reproach. According to Bruce Booth - a scientist turned venture capitalist - “the unspoken rule is that at least 50% of the studies published even in top tier academic journals – Science, Nature, … [Read more...] about Is economics research credible?