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The Impact of Entrepreneurship Programs on Minorities
We document the impact of an entrepreneurship training program on startup activity of minorities (females and non-Caucasians). We compare entrepreneurial activity between applicants who are accepted into the program with applicants who are program finalists but not accepted. We find that the effect of the program is small for minorities in the short run. However, the effect of the program is more pronounced for minorities' likelihood of longer run startup activity, whereas the effect on non-minorities is small and statistically insignificant. We suggest that such programs are most effective for individuals that may otherwise have limited access to entrepreneurial opportunities.
Heat and Team Production: Experimental Evidence from Bangladesh
Abstract Heat's impact on economic growth and aggregate productivity is well-established, but while individual impairments are well-understood as mechanisms, the role of interpersonal dynamics remain unexplored despite the growing prevalence of team-based occupations. In our experiment, programmers were randomly assigned to work individually or in pairs under warm (29°C) or control (24°C) conditions. We found that heat had no effect on individual performance but impaired team performance—not through decreased effort but likely through impaired collaboration. This negative impact was strongest in heterogeneous teams, suggesting heat exacerbates coordination challenges, confirmed by poorer partner evaluations in warm conditions.