Publications

"Curating Local Knowledge: Experimental Evidence from Small Retailers in Indonesia," Journal of the European Economic Association, Volume 19, Issue 5, October 2021 (with Patricio Dalton, Julius Ruschenpohler, and Burak Uras)

"Changing Gambling Behavior through Experiential Learning," World Bank Economic Review, Volume 35, Issue 3, October 2021 (with Martin Abel and Shawn Cole)

"Measuring the Unmeasured: Aggregating, Anchoring, and Adjusting to Estimate Small Business Performance," Journal of Development Economics, Volume 151, June 2021 (with Stephen Anderson and Christy Lazicky)

"The Causal Mechanism of Financial Education: Evidence from Mediation Analysis," Journal of Economic Behavior & Organization, Volume 177, September 2020 (with Fenella Carpena)

"Decentralized Delivery of Financial Education: Experimental Evidence from Rwanda," Journal of Development Economics, Volume 144, May 2020 (with Emmanuel Hakizimfura and Douglas Randall)

“The ABC’s of Financial Education: Experimental Evidence on Attitudes, Behavior, and Cognitive Biases,” Management Science, Volume 65, Issue 1, January 2019 (with Fenella Carpena, Shawn Cole, and Jeremy Shapiro)

“Pathways to Profits: The Impact of Marketing vs. Finance Skills on Business Performance,” Management Science, Volume 64, Issue 12, December 2018 (with Stephen Anderson and Rajesh Chandy)

"The Impact of Marketing Skills on Business Growth, Employment, and Prosperity: Evidence from a Randomized Control Trial in South Africa,” Winner of the Gary L. Lilien Practice Prize in Marketing Science (with Stephen Anderson and Rajesh Chandy)

"Harnessing Emotional Connections to Improve Financial Decisions: Evaluating the Impact of Financial Education in Mainstream Media,” Journal of the European Economic Association, Volume 15, Issue 5, October 2017 (with Gunhild Berg)

"The Impact of High School Financial Education: Evidence from a Large-Scale Evaluation in Brazil," American Economic Journal: Applied Economics, Volume 8, No. 4, October 2016 (with Miriam Bruhn, Luciana Leao, Arianna Legovini, and Rogelio Marchetti)

"Can You Help Someone Become Financially Capable? A Meta-Analysis of the Literature," World Bank Research Observer, Volume 109, Issue C, Pages 39-55, Vol. 30, Issue 2, August 2015 (with Margaret Miller, Julia Reichelstein, and Christian Salas)

“Who you Train Matters: Identifying Complementary Effects of Financial Education on Migrant Households,” Journal of Development Economics, Volume 109, Issue C, Pages 39-55, 2014 (with David McKenzie and Yoko Doi)

“The Impact of Financial Literacy Training for Migrants,” World Bank Economic Review, Volume 28, Issue 1, Pages 130-161, 2014 (with David McKenzie and John Gibson)

“Stimulating Managerial Capital in Emerging Markets: The Impact of Business and Financial Literacy for Young Entrepreneurs,” Journal of Development Effectiveness, Volume 5, Issue 2: 232-266, June 2013 (with Miriam Bruhn)

“Liability Structure in Small-Scale Finance – Evidence from a Natural Experiment,” World Bank Economic Review, Volume 27, Issue 3: 437-469, 2013 (with Fenella Carpena, Shawn Cole, and Jeremy Shapiro)

“Prices or Knowledge? What Drives Demand for Financial Services in Emerging Markets?” Journal of Finance , Volume 66, Issue 6: 1933-1967, December 2011 (with Shawn Cole and Thomas Sampson)

“Dollars Dollars Everywhere, Nor a Dime to Lend: Credit Limit Constraints on Financial Sector Absorptive Capacity,” Review of Financial Studies , Volume 23, Issue 12: 4281-4323, December 2010 (with Asim Khwaja and Atif Mian)

“Export Incentives, Financial Constraints, and the (Mis)Allocation of Credit: Evidence from Subsidized Export Loans,” Journal of Financial Economics , Volume 87, Issue 2, February 2008


Book Chapters

“Banking in China,” (with Leora Klapper and Maria Soledad Martinez), in Berger, et. al. “Oxford Handbook of Banking”, Third Edition, Oxford University Press, January 2020

“Banking in Developing Nations of Asia: Changes in Ownership Structure and Lending over the Financial Crisis,” (with Leora Klapper and Maria Soledad Martinez), in Berger, et. al. “Oxford Handbook of Banking”, Second Edition, Oxford University Press, 2015

"Household Finance," World Development Report 2015: Mind, Society, and Behavior, Chapter 6, The World Bank, 2014 (with Stefan Trautmann). Full report available here

"Valuing Financial Literacy," (with Shawn Cole and Thomas Sampson) Forthcoming in “Banking the World: Empirical Foundations of Financial Inclusion,” ed. Robert J. Cull, Asli Demirgüç‑Kunt, Jonathan Morduch. MA: MIT Press.

“Microfinance for Entrepreneurs,” (with Miriam Bruhn and Fenella Carpena), in “Oxford Handbook of Entrepreneurial Finance”, Oxford University Press, 2012

“Banking in Developing Nations of Asia: An Overview of Recent Changes in Ownership Structure,” (with Leora Klapper and Maria Soledad Martinez), in Berger, et. al. “Oxford Handbook of Banking”, Oxford University Press, 2010