Working Papers

    "Debiasing on a Roll: Changing Gambling Behavior through Experiential Learning," World Bank Policy Research Working Paper No. 7195, February 2015 (with Martin Abel and Shawn Cole)

      "Financial Literacy in the Developing World," World Bank Mimeo, January 2013 (with Lisa Xu)

      “Financial Literacy around the World: An Overview of the Evidence with Practical Suggestions for the Way Forward,” World Bank Policy Research Working Paper 6107 , July 2012 (with Lisa Xu)

      “Unpacking the Causal Chain of Financial Literacy,”World Bank Policy Research Working Paper No. 5798, September 2011 (with Fenella Carpena, Shawn Cole, and Jeremy Shapiro)



      Work in Progress 

      "Measuring the Unmeasured: Combining Technology with Survey Design to Filter Noise in Self-Reported Business Outcomes" (with Stephen Anderson and Christy Lazicky)  

      "Aspirations of Small-Scale Entrepreneurs" (with Patricio Dalton)

      "Learning Business Practices from Peers: Experimental Evidence from Small-Scale Retailers in Jakarta" (with Patricio Dalton and Burak Uras)

      "Digital Finance and Alternative Credit Scoring" (with Natalia Rigol) 


      Outreach Material 

      "The Impact of Financial Literacy Training for Migrants and Their Families," Finance & PSD Impact Note, Issue 19, September 2012 (with David McKenzie and Yoko Doi)

      “What Have we Learned About Financial Literacy Around the World?” World Bank All About Finance Blog, September 2012 (with Lisa Xu)

      “The Impact of Financial Literacy Training for Migrants at Destination,” Finance& PSD Impact Note, Issue 18, May 2012 (with David McKenzie and John Gibson)

      “Can Financial Literacy Help Migrants Save on Remittance Costs,” World Bank All About Finance Blog, May 2012 (with David McKenzie)

      “Should it be our Business to Promote Business Training?” World Bank All About Finance Blog, June 2011 (with Miriam Bruhn)

      “Unpacking the Causal Chain of Financial Literacy,” World Bank Development Impact Blog, June 2011.

      “The Impact of Business and Financial Literacy for Young Entrepreneurs in BosniaHerzegovina,” Finance and PSD Impact Note, Issue 13, May 2011 (with Miriam Bruhn)

      “New Ideas in Business Growth,” World Bank All About Finance Blog, April 2011 (with Miriam Bruhn)

      “The Fad of Financial Literacy?” World Bank All About Finance Blog, August 2010 (Ranked 2nd Most Popular blog post).

      ”Financial Stability and Access: The Importance of Financial Literacy,” Research Brief, World Bank, January 2009 (with Leora Klapper)

      “Access to Finance in Indonesia,” World Bank Jakarta Office, June 2009 (Lead author for analytical chapters)

      “Valuing Financial Literacy,” Finance and PSD Impact Note, Issue 5, May 2009 (with Shawn Cole and Thomas Sampson)

      “All About Finance,” World Bank Policy Research Report, 2008 (Contributing author)

      “In Search of Good Governance: Experiments from South Asia’s Water and Sanitation Sector”, New Delhi: Water and Sanitation Program, The World Bank, 2002. (with J. Davis, S. Tankha, A. Ghosh, P. Martin, T. Samad and G. Prunier)