Digital loans are a source of fast, short-term credit for millions of people. While digital credit broadens market access and reduces frictions, default rates are high. We study the role of the speed of delivery of digital loans on repayment. Our study uses unique administrative data from a...

This paper shows that the threat of collusion between a productive agent and the auditor in charge of monitoring production can influence a number of organizational dimensions of the firm, including outsourcing decisions and the allocation of production costs. We find that the optimal...

Millions of households worldwide rely on savings groups (SGs) to satisfy their financial needs, yet very little is known about these groups' ability to meet them. In this paper, we provide a description of the basic structure and functioning of SGs, develop a theoretical model based on this...