Key Findings

CFSP strives to generate tangible and objective results that have meaningful lessons for policymakers, researchers, and stakeholders. This page features key findings briefs.

Key Findings Briefs are 2-page summaries designed to give quick insight to the results of the Consortium's research and resulting publications.  

We report on a field experiment using several methods for collecting deposits made in formal bank accounts in rural areas in Sri Lanka. We find that only frequent, face-...

Recent Key Findings

Winner, 2012 Frisch Medal in Econometrics. This paper uses a structural model to understand, predict, and evaluate the impact of...

The empirical literature on contagion has mainly measured the propagation of shocks across countries using daily stock markets, interest rates, and exchange rates....

In the absence of strong formal institutions, social networks play a significant role in contract enforcement and in determining the scope of co-investment. Social norms...

Banks can create liquidity precisely because deposits are fragile and prone to runs. Increased uncertainty makes deposits excessively fragile, creating a role for...

We report on a field experiment providing random grants to microenterprise owners. The grants generated large profit increases for male owners, but not for female owners...

This article develops a model which shows that bank deposit contracts can provide allocations superior to those of exchange markets, offering an explanation of how banks...

Two traditional explanations for structural changes are sector-biased technological progress and non-homothetic preferences. This paper integrates both into an otherwise...

We use high frequency data and a new econometric approach to evaluate the effectiveness of controls on capital inflows. We focus on Chile’s experience during the...

This paper evaluates the impact of a program of bureaucracy simplification and tax reduction on formality and investment in small firms in Brazil. We document an...