experimental study based on a hope intervention in Oaxaca, Mexico among 601 indigenous women with access to microfinance loans. Our …

estimate impacts from an expansion of group lending at 110% APR by the largest microlender in Mexico. Average effects on a rich …

estimate impacts from an expansion of group lending at 110% APR by the largest microlender in Mexico. Average effects on a rich …

lending practice. We use randomized interest rates, offered across 80 regions by Mexico's largest microlender, to identify a …

spells. In this paper I focus on focus on one form of resources, own wealth holdings. I find that the median worker has … tremendous heterogeneity in wealth holdings; almost one-third of workers can't even replace 10% of their income loss. Most … strikingly, ex-ante wealth holdings decline precipitously with realized unemployment durations, both absolutely and (especially …