Clare Balboni, Oriana Bandiera, Robin Burgess, Maitreesh Ghatak et al.
There are two broad views as to why people stay poor. One emphasizes differences in fundamentals, such as ability, talent, or motivation. The poverty traps view emphasizes differences in opportunities that stem from access to wealth. To test these views, we exploit a large-scale, randomized asset tr...
Clare Balboni, Oriana Bandiera, Robin Burgess, Maitreesh Ghatak et al.
There are two broad views as to why people stay poor. One emphasizes differences in fundamentals, such as ability, talent or motivation. The other, the poverty traps view, differences in opportunities which stem from access to wealth. To test between these two views, we exploit a large-scale, random...
Maitreesh Ghatak
Abstract We discuss various anti-poverty policies which involve direct transfer policies for the poor, focusing on their different dimensions—namely the size and time sequence of the transfers, whether it is cash or in kind, any conditionality involved, whether they are means-tested. We argue that t...
Clare Balboni, Oriana Bandiera, Robin Burgess, Maitreesh Ghatak et al.
Abstract There are two broad views as to why people stay poor. One emphasizes differences in fundamentals, such as ability, talent, or motivation. The poverty traps view emphasizes differences in opportunities that stem from access to wealth. To test these views, we exploit a large-scale, randomized...
Maitreesh Ghatak
We look at an economic environment where borrowers have some information about the nature of each other’s projects that lenders do not. We show that joint-liability lending contracts, similar to those used by credit cooperatives and group-lending schemes, will induce endogenous peer selection in the...