Andreas Madestam

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

    SMEs in Uganda: Profits and labour force shrink during COVID-19

    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)...

    6 May 2021 | Selim Gulesci, Francesco Loiacono, Andreas Madestam, Miri Stryjan

  • Publication - Project Report

    COVID-19, SMEs, and workers: Findings from Uganda

    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...

    23 Apr 2021 | Selim Gulesci, Francesco Loiacono, Andreas Madestam, Miri Stryjan

  • Project

    The impact of COVID-19 and flexible credit on SMEs: Evidence from Uganda

    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...

    9 Apr 2021 | Selim Gulesci, Miri Stryjan, Andreas Madestam, Francesco Loiacono

  • Blog post

    Microfinance in Bangladesh: Flexibility, growth and client type

    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....

    15 Nov 2017 | Selim Gulesci, Andreas Madestam, Marianna Battaglia

  • Project

    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...

    2 Oct 2015 | Selim Gulesci, Andreas Madestam, Marianna Battaglia