The impact of micro-credit interventions on existing credit markets is theoretically ambiguous. Previous empirical work suggests the entry of a joint-liability lender may lead to a positive impact on the informal lending rate. This paper presents the first randomized controlled trial-based...

The impact of micro-credit interventions on existing credit markets is theoretically ambiguous. Previous empirical work suggests the entry of a joint-liability lender may lead to a positive impact on the informal lending rate. This paper presents the first randomized controlled trial-based...

Caste is a persistent driver of inequality in India, and it is generally analyzed with government-defined broad categories, such as Scheduled Caste and Scheduled Tribe. In everyday life, however, caste is lived and experienced as jati, which is a local system of stratification. Little is known...

Caste is a persistent driver of inequality in India, and it is generally analyzed with government-defined broad categories, such as Scheduled Caste and Scheduled Tribe. In everyday life, however, caste is lived and experienced as jati, which is a local system of stratification. Little is known...

In democracies, innovative political institutions have opened up scope for direct public participation often in the form of talk: citizens talking to the state and mutual talk among citizens on matters concerning community development. A prominent example is the Indian gram sabha, or village...