Publications

The ABC’s of Financial Education: Experimental Evidence on Attitudes, Behavior, and Cognitive Biases,Forthcoming, Management Science (with Fenella Carpena, Shawn Cole, and Jeremy Shapiro)

"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,” Forthcoming, Journal of the European Economic Association (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," Forthcoming, World Bank Research Observer, Also available as: World Bank Policy Research Working Paper No. 6745, January 2014 (with Margaret Miller, Julia Reichelstein, and Christian Salas)

    “Who you Train Matters: Identifying Complementary Effects of Financial Education on Migrant Households,” Vol. 109, Issue C, Pages 39-55, Journal of Development Economics2014. Also available as: World Bank Policy Research Working Paper No. 6157, August 2012 (with David McKenzie and Yoko Doi)

    “The Impact of Financial Literacy Training for Migrants,” Vol. 28, Issue 1, Pages 130-161, World Bank Economic Review, 2014. Also available as: World Bank Policy Research Working Paper No. 6073, May 2012 (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, Vol. 5, Issue 2: 232-266, June 2013. Also available as: World Bank Policy Research Working Paper No. 5642, April 2011 (with Miriam Bruhn)

    “Liability Structure in Small-Scale Finance – Evidence from a Natural Experiment,” World Bank Economic Review, Vol. 27, Issue 3: 437-469, 2013Also available as: World Bank Policy Research Working Paper No. 5427, September 2010 (with Fenella Carpena, Shawn Cole, and Jeremy Shapiro)

    “Prices or Knowledge? What Drives Demand for Financial Services in Emerging Markets?” Journal of Finance , Vol. 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 , Vol. 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 , Vol. 87, Issue 2, February 2008


    Book Chapters

    “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