To study the impact of the choice of injection points in the diffusion of a new product in society, this study examined the impact of a word-of-mouth diffusion model and applied it to data on social networks and participation in … Read More
Financial Well-being and Social Protection
The Diffusion of Microfinance
Abhijit Banerjee, Arun G. Chandrasekhar, Esther Duflo, Matthew O. Jackson
Poverty Impedes Cognitive Function
Anandi Mani, Sendhil Mullainathan, Eldar Shafir, Jiaying Zhao
The poor often behave in less capable ways, which can further perpetuate poverty. We hypothesize that poverty directly impedes cognitive function and present two studies that test this hypothesis. First, we experimentally induced thoughts about finances and found that this … Read More
Does the Classic Microfinance Model Discourage Entrepreneurship Among the Poor? Experimental Evidence from India
Erica Field, Rohini Pande, John Papp, Natalia Rigol
Do the repayment requirements of the classic microfinance contract inhibit investment in high-return but illiquid business opportunities among the poor? Using a field experiment, the authors of this paper compare the classic contract which requires that repayment begin immediately after … Read More
Barriers To Household Risk Management: Evidence From India
Shawn Cole, Xavier Giné, Jeremy Tobacman, Robert Townsend, Petia Topalova, and James Vickery
The study throws light on the factors: both price and non-price related that play a role in the choice of rainfall insurance, designed to hedge a major source of agricultural production risk. With households exhibiting such a pattern, it remains … Read More
Savings and the Poor
Deepti KC, Mudita Tiwari, Parul Agarwal
In this note, factors that inhibit the poor to save are being discussed at length with evidence from various CMF based findings as well as studies conducted in the same subject worldwide.
Chit Funds as an Innovative Access to Finance for Low-income Households
Mudit Kapoor, Antoinette Schoar, Preethi Rao
Chit Funds are indigenous financial institutions in India that combine credit and savings in a single scheme. In a chit fund scheme, a group of individuals come together for a predetermined time period and contribute to a common pool at … Read More
Selling Formal Insurance to the Informally Insured
A. Mushfiq Mobarak, Mark Rosenzweig
Unpredictable rainfall is an important risk for agricultural activity, and farmers in developing countries often receive incomplete insurance from informal risk-sharing networks. This paper presents findings from a study that examines the demand for, and effects of, offering formal index-based … Read More
A Scoping Study of Financial Literacy Training Programmes in India
Deeptha Umapathy, Parul Agarwal, Santadarshan Sadhu
This study aimed at understanding the scope of different financial literacy training programmes that are being implemented across India, from both an implementer’s and beneficiaries’ perspective. To gather data for the study, discussions were held with all the stakeholders (module developing … Read More
Bringing the Bank to the Doorstep: Does Financial Education Influence Savings Behavior Among the Poor? Evidence from a Randomized Financial Literacy Program in India
Leopold Sarr, Santadarshan Sadhu, Nathan Fiala
This paper explores the uptake of branchless banking in one of the largest BC programs in the world, Financial Inclusion Network and Operations (FINO), which currently has over 48 million activated savings accounts across India. Despite being open, many savings … Read More
The Urban Poor and their Money: A Study of Cycle Rickshaw Pullers in Delhi
Mani Arul Nandhi
The study explored the financial behavior of cycle rickshaw pullers in Delhi to assess their strategies and choices in saving, storing and remitting their money and the challenges and the constraints they faced in managing their money and livelihoods.
- « Previous Page
- 1
- …
- 16
- 17
- 18
- 19
- 20
- …
- 22
- Next Page »