Recent Additions to E-Library

Does NREGA Help the Rural Poor Cope with Bad Weather?

The rural poor in developing countries have great diffculty in coping with adverse weather. Workfare programs may serve as an important... Read more

Does Microfinance Repayment Flexibility Affect Entrepreneurial Behavior and Loan Default?

Recent evidence suggests heterogenous impacts of microfinance loans, with limited average effects on enterprise growth among the poor. One possibility... Read more

Building Social Capital through Microfinance

We exploit experimental variation in the frequency of repayment meetings across first time micro-finance borrower groups to show that more frequent interaction... Read more

Policy Principles for Expanding Financial Access

Despite the rapid growth in finance worldwide over the past quarter-century—now interrupted by the global financial crisis—many low-income households... Read more

The Economics of Saving - FAI Framing Note

A large macroeconomic literature exists to understand national savings rates, their determinants, and implications.  Policymakers often strive for target... Read more