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Working Papers | CFSP | Consortium on Financial Systems and Poverty
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Working Papers

We invite you to explore the working papers supported directly by CFSP as well as key working papers in the field of financial systems and poverty that were written by Consortium researchers.

Recent Working Papers

Infrastructure Quality and the Subsidy Trap
Shaun McRae
2011

I demonstrate how a targeted program of utility subsidies leads to the persistence of low-...

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Productivity Volatility and the Misallocation of Resources in Developing Economies
Allan Collard-Wexler, John Asker, Jan De Loecker
2011

We investigate the role of dynamic production inputs and their associated adjustment costs in...

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Supplier Responses to Wal-Mart's Invasion in Mexico
James Tybout, Leonardo Iacovone, Beata Javorcik, Wolfgang Keller
2011

This paper examines the effect of Wal-Mart’s entry into Mexico on Mexican...

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Distinguishing Barriers to Insurance in Thai Villages
Cynthia Kinnan
2010

A large body of evidence shows that informal insurance is an important risk-smoothing...

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Does Savings Crowd Out Informal Insurance? Evidence from a Lab Experiment in the Field
Arun Chandrasekhar, Cynthia Kinnan, Horacio Larreguy
2010

We use a laboratory experiment, conducted in 34 villages in Karnataka, India, to study the...

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Financial Constraints, Endogenous Educational Choices and Self-Selection of Migrants
Juliano Assunção, Leandro Carvalho
2010

The Roy model predicts that migrants will be disproportionately drawn from the lower half of...

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Self-Insurance vs. Self-Financing: A Welfare Analysis of the Persistence of Shocks
Francisco J. Buera, Yongseok Shin
2010

We study the welfare cost of market incompleteness in a generalized Bewley model where...

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The Miracle of Microfinance? Evidence from a Randomized Evaluation
Abhijit Banerjee, Esther Duflo, Rachel Glennerster, Cynthia Kinnan
2010

Microcredit has spread extremely rapidly since its beginnings in the late 1970s, but whether...

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The Shape of Temptation: Implications for the Economic Lives of the Poor
Abhijit Banerjee, Sendhil Mullainathan
2010

This paper argues that the relation between temptations and the level of consumption plays a...

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Targeting the Poor: Evidence from a Field Experiment in Indonesia
Vivi Alatas, Abhijit Banerjee, Rema Hanna, Benjamin Olken
MIT Economics Department Working Paper | 2010

In developing countries, identifying the poor for redistribution or social insurance is...

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