The literature on the theoretical and empirical aspects of the relationship between finance and economic growth is both substantial and extensive. The same cannot be said on the relationship between financial development and poverty reduction-an equally important aspect. In this study, we visit...

We ask whether machine learning algorithms improve the efficiency of screening of the loan officers, and thereby help expand access to formal credit. We obtain loan application level data from an Indian bank. To overcome the selective labels problem, we exploit the incentive driven within...