Credit

Skin in the Game: Microequity and Mentorship for Online Freelancing-based Microentrepreneurs in Bangladesh

In this pilot project, we demonstrate the exciting potential of online freelancing for improving the incomes of poor youth in rural Bangladesh.

Research Note
23 Apr 2021

Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and Inequality

A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium.

Journal Article
1 Jan 2021

Microfinance, Microentrepreneurship and Misallocation

This project evaluates to what extent heterogeneity in the take-up of microfinance and heterogeneity in its impacts on entrepreneurs explain the impact of microfinance on allocative inefficiency within occupational choice and investments.

Research Project
1 Jan 2021

Loan Contract Structure and Adverse Selection: Survey Evidence from Uganda

While adverse selection is an important theoretical explanation for credit rationing it is difficult to quantify empirically.

Journal Article
1 Apr 2020

Financial deepening through loan pricing transparency and its impacts

This project investigates the role of access to comparative loan information in consumer borrowing decisions, and how providing easy-to-process comparative information improves decision making.

Research Project
1 Aug 2019

Information Sharing in Trade Credit Markets: Evidence from Kenyan Retail Shops

In developing countries financial frictions hinder firm growth. Credit constraints result from poor contract enforcement and asymmetric information in the credit market.

Working Paper
19 May 2019

Sell Low and Buy High: Arbitrage and Local Price Effects in Kenyan Markets

Large and regular seasonal price fluctuations in local grain markets appear to offer African farmers substantial intertemporal arbitrage opportunities, but these opportunities remain largely unexploited.

Journal Article
1 May 2019

Terrorism, Credit and Investment: Evidence from a Natural Experiment in Pakistan

This project looks, on the one hand, at the effect of charity donations to terrorist organizations on attacks, and on the other at how firms adjust their lending and investment decisions in presence of increased uncertainty.

Research Project
15 Nov 2018

Skin in the Game: Microequity and Mentorship for Online Freelancing-based Microentrepreneurs in Bangladesh

This project considers an innovative new microfinance product, based on the principles of equity financing, in which promising potential entrepreneurs are provided with capital, training and mentorship to help them become online freelancers.

Research Project
18 Sep 2017

Contractual Flexibility, Firm Growth, and Information Asymmetries in Microfinance: Experimental Evidence from Bangladesh (Stage One)

The central aim of this project is to identify the impact of introducing a flexible loan contract on the credit market.

Research Project
22 Dec 2016

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