Similar Search Results

Dangers of a Double-Bottom Line : A Poverty Targeting Experiment Misses Both Targets

Karlan, Dean - 2019

Two for-profit Philippine social enterprises, aiming to demonstrate corporate social responsibility by increasing microlending to the poor, incorporated a widely-used poverty measurement tool into their loan applications and tested the tool using randomized training content. Treated loan...

Persistent link: https://www.econbiz.de/10012899916

Consumer Protection for Financial Inclusion in Low and Middle Income Countries : Bridging Regulator and Academic Perspectives

Garz, Seth; Giné, Xavier; Karlan, Dean; Mazer, Rafe; … - 2021

Markets for consumer financial services are growing rapidly in low and middle income countries and being transformed by digital technologies and platforms. With growth and change come concerns about protecting consumers from firm exploitation due to imperfect information and contracting as well...

Persistent link: https://www.econbiz.de/10013235657

Does Lasting Behavior Change Require Knowledge Change? Evidence from Savings Interventions for Young Adults

Horn, Samantha; Jamison, Julian; Karlan, Dean; Zinman, … - 2021

Is financial knowledge change necessary for lasting savings behavior change? Or, akin to the canonical Friedman billiards player, can behavior persist “as if” such knowledge is held? We randomize 240 Ugandan young-adult clubs to financial education, savings account access, both, or neither....

Persistent link: https://www.econbiz.de/10013249433

Credit Building or Credit Crumbling? A Credit Builder Loan’s Effects on Consumer Behavior, Credit Scores and Their Predictive Power

Burke, Jeremy - 2020

market efficiency. A randomized encouragement design on a standard credit builder loan (CBL) identifies null average effects … at baseline fare worse, those without fare better. Selection, treatment effect, and prediction models indicate the CBL … reveals valuable information to markets, inducing positive selection and making credit histories more precise while keeping …

Persistent link: https://www.econbiz.de/10012848541

Unshrouding Effects on Demand for a Costly Add-on: Evidence from Bank Overdrafts in Turkey

Alan, Sule; Cemalcilar, Mehmet; Karlan, Dean S.; … - C.E.P.R. Discussion Papers - 2015

Models of shrouding predict that firms lack incentives to compete on add-on prices. Working with a large Turkish bank to test SMS direct marketing promotions to 108,000 existing checking account holders, we find that messages promoting a large discount on the overdraft interest rate reduce...

Persistent link: https://www.econbiz.de/10011168904

You Can Pick Your Friends, But You Need to Watch Them: Loan Screening and Enforcement in a Referrals Field Experiment

Bryan, Gharad; Karlan, Dean S.; Zinman, Jonathan - C.E.P.R. Discussion Papers - 2012

We examine a randomized trial that allows separate identification of peer screening and enforcement of credit contracts. A South African microlender offered half its clients a bonus for referring a friend who repaid a loan. For the remaining clients, the bonus was conditional on loan approval....

Persistent link: https://www.econbiz.de/10011083275

Follow the Money: Methods for Identifying Consumption and Investment Responses to a Liquidity Shock

Karlan, Dean S.; Osman, Adam; Zinman, Jonathan - C.E.P.R. Discussion Papers - 2013

Identifying the impacts of liquidity shocks on spending decisions is difficult methodologically but important for theory, practice, and policy. Using seven different methods on microenterprise loan applicants, we find striking results. Borrowers report uses of loan proceeds strategically, and...

Persistent link: https://www.econbiz.de/10011083720

Win Some Lose Some? Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco

Angelucci, Manuela; Karlan, Dean S.; Zinman, Jonathan - C.E.P.R. Discussion Papers - 2013

Theory and evidence have raised concerns that microcredit does more harm than good, particularly when offered at high interest rates. We use a clustered randomized trial, and household surveys of eligible borrowers and their businesses, to estimate impacts from an expansion of group lending at...

Persistent link: https://www.econbiz.de/10011083867

Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco

Angelucci, Manuela; Karlan, Dean S.; Zinman, Jonathan - C.E.P.R. Discussion Papers - 2014

Persistent link: https://www.econbiz.de/10011084172

Financial Education and Access to Savings Accounts: Complements or Substitutes? Evidence from Ugandan Youth Clubs

Jamison, Julian C.; Karlan, Dean S.; Zinman, Jonathan - C.E.P.R. Discussion Papers - 2014

Evidence on the effectiveness of financial education and formal savings account access is lacking, particularly for youth. We randomly assign 250 youth clubs to receive either financial education, access to a cheap group account, or both. The financial education treatments increase financial...

Persistent link: https://www.econbiz.de/10011084404