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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

Informal Insurance, Caste Networks, and Financial Development: Evidence from the Indian Social Banking Experiment
Horacio Larreguy
2010

We develop a simple model of informal interpersonal insurance in caste-based networks to...

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Coming out of the Shadows: Estimating the Impact of Bureaucracy Simplification and Tax Cut on Formality and Investment
Juliano Assunção, Joanna Monteiro
2009

This paper evaluates the impact of a program of bureaucracy simplification and tax reduction...

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Institutional Development and Colonial Heritage within Brazil
Juliano Assunção, Joana Naritomi, Rodrigo Soares
IZA Discussion Paper No. 4276 | 2009

This paper analyzes the determinants of local institutions and distribution of political power...

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The Rise of the Service Economy
Joseph Kaboski, Francisco J. Buera
2009

This paper analyzes the role of specialized high-skilled labor in the growth of the service...

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Entrepreneurs, Legal Institutions and Firm Dynamics
Neus Herranz, Stefan Krasa, Anne P. Villamil
2009

This paper assesses quantitatively the impact of legal institutions on entrepreneurial firm...

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Information Disclosure, Cognitive Biases and Payday Borrowing
Marianne Bertrand, Adair Morse
2009

If people face cognitive limitations or biases that lead to financial mistakes, what are...

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Financial Frictions and the Persistence of History: A Quantitative Exploration
Francisco J. Buera, Yongseok Shin
2008

This paper presents a quantitative model of economic transitions. We explicitly model resource...

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Scale and the Origins of Structural Change
Francisco J. Buera, Joseph Kaboski
2008

Structural change involves a broad set of trends: (i) sectoral reallocations, (ii) rich...

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Credit Rationing, Macro Volatility, and Industrial Evolution in Developing Countries
Eric Bond, James Tybout, Hale Utar
2008

Relative to their counterparts in high-income regions, entrepreneurs in developing countries...

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Rule of Law, Democracy, Openness, and Income: Estimating the Interrelationships
Roberto Rigobon, Dani Rodrik
2005

We estimate the interrelationships among economic institutions, political institutions,...

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