Prior to joining the department in 2012, Andreas Madestam was an Assistant Professor at the Department of Economics at Bocconi University and an affiliate of IGIER in Milan. Professor Madestam holds a M.S. in Economics from Lund University and a Ph.D. from the Stockholm School of Economics.
Content by Andreas Madestam
Publication - Policy Brief
While the strict lockdown measures implemented in many developing countries aim to prevent the spread of COVID-19, they also risk increasing poverty and vulnerability by lowering economic activity. Uganda experienced some of the toughest lockdowns in the world. This policy brief presents key findings from a panel of over 1,600 smal and medium-sized enterprises (SMEs)...
Publication - Project Report
Small and medium-sized enterprises (SMEs) are vital for the Ugandan economy, comprising over 90 % of the private sector (Uganda Bureau of Statistics, 2017). In this report, we present findings from a unique long panel of SMEs in Uganda, focusing in particular on changes in the trends following the onset of the COVID-19 pandemic. Uganda experienced some of the strictest...
Small and medium-sized enterprises (SMEs) are the engines of the Ugandan economy, comprising over 90 % of the private sector, according to the Uganda Bureau of Statistics, 2011. This project will re-survey a sample of 2,400 SMEs in Uganda with the purpose of: Better understand the long-term consequences of increased flexibility in loan repayments, in particular: does...
Increased loan flexibility for clients with a good credit history improves client satisfaction and socio-economic status. It also attracts highly productive entrepreneurs who want to expand their business to take a loan, making this approach a win-win. Microfinance has been heralded as an effective pro-poor policy instrument to ease the problem of credit rationing....
Contractual flexibility in the credit market, selection into borrowing, and firm growth: Experimental evidence from Bangladesh
Evidence shows microfinance borrowing firms and households fail to see substantial increases in business growth or consumption resulting from loans. Researchers evaluated the direct and indirect effects of a new flexible BRAC loan contract through a randomised control trial. Results showed increasing repayment flexibility improved the effectiveness of microfinance...