Beaman, Lori; Karlan, Dean; Thuysbaert, Bram; Udry, … - Economic Growth Center, Economics Department - 2014
We partnered with a micro-lender in Mali to randomize credit offers at the village level. Then, in no-loan control villages, we gave cash grants to randomly selected households. These grants led to higher agricultural investments and profits, thus showing that liquidity constraints bind with...
