On January 27th, Christina Ammon, a PhD Candidate in Economics at the University of Warwick, presented a paper titled: “Trade Credit and Borrower Outside Option- Evidence from Colonial Taiwan.” Her research tries to determine how permanent changes in a crop’s payoff affects the credit supplied by mills in the sugar industry in colonial Taiwan using novel data focusing on the period from 1929 to 1939.
During this period, Taiwan was a Japanese colony. The vast majority of credit to farmers was supplied by mills, which implied a relatively lower default rate as ...
Joseph F. Gomes is studying the relationship between the geography of linguistic diversity and the provision of public goods with a multi-year grant from the Fundación Ramón Areces.
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On January 13th, Maria Lombardi, a PhD candidate from Universitat Pompeu Fabra, presented a paper titled: “Teacher Performance Pay and Student Learning: Evidence from a Nationwide Program in Peru,” which studies Bono Escuela, a nationwide pay-for-performance program in Peru. It is well-known that teaching quality is imperative for good educational attainment and that several countries’ payment schemes involve flat-salaries that are closely tied to seniority. It is in this context that the Peruvian program offers a school-level monetary incentive in an effort t...