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In many regulated markets, private, third-party auditors are chosen and paid by the firms that they audit, potentially creating a conflict…
Do the repayment requirements of the classic microfinance contract inhibit investment in high-return but illiquid business opportunities…
A policy experiment in India suggests that placing female leaders in positions of power can dramatically change public attitudes.
In mid-1994, Rudiger Dornbusch and Alejandro Werner warned that Mexico was heading into a crisis. Few academic papers have been so…
We study differences in quality in the market for third-party environmental auditors in Gujarat, India. We find that, despite the low…
With an estimated one hundred fifteen million children not attending primary school in the developing world, increasing access to education…
Microfinance clients were randomly assigned to repayment groups that met either weekly or monthly during their first loan cycle, and then…
When Lee Kuan Yew speaks, presidents, prime ministers, diplomats, and CEOs listen. Lee, the founding father of modern Singapore and its…