Nov 2020
Author(s): Kinnan, Cynthia;Samphantharak, Krislert;Townsend, Robert;Vera-Cossio, Diego A.
In village economies, insurance networks are key to smoothing shocks, while production networks can propagate them. The interplay of these networks is crucial. We show that a significant health…
Dec 2019
Author(s): Vera, Diego
Limited information about borrowers may create allocative distortions in credit markets. Community-based lending programs may reduce these distortions by exploiting relevant information available to…