Connecting private dwellings to the water main is expensive and typically cannot be publicly financed. We show that households' willingness to pay for a private connection is high when it can be purchased on credit, not because a connection improves health but because it increases the time...

We report results from a randomized evaluation of a microcredit program introduced in rural areas of Morocco in 2006. Thirteen percent of the households in treatment villages took a loan, and none in control villages did. Among households identified as more likely to borrow, microcredit access...

This paper analyzes how preferences for a non-economic characteristic, such as caste, canaffect equilibrium patterns of matching in the marriage market, and empirically evaluates thisin the context of arranged marriages among middle-class Indians. We develop a model thatdemonstrates how the...