Completed Projects

Shocks to Physical Capital and Firm Growth
Firms face many risks in their operations. One kind of risk relates to accidents on the stock of capital. In this project, we studied how firms reinvest and grow after being by such a negative shock.…
Financial Constraints and Insurance
Financial constraints force firms to choose between investing in growth or risk management. However, we know relatively little about risk management in small firms. We studied this setting by combinin…