Working Papers

We invite you to explore the working papers supported directly by CFSP as well as key working papers in the field of financial systems and poverty that were written by Consortium researchers.

Recent Working Papers

The empirical literature on contagion has mainly measured the propagation of shocks across...

In the absence of strong formal institutions, social networks play a significant role in...

Banks can create liquidity precisely because deposits are fragile and prone to runs. Increased...

We report on a field experiment providing random grants to microenterprise owners. The grants...

This article develops a model which shows that bank deposit contracts can provide allocations...

Two traditional explanations for structural changes are sector-biased technological progress...

We use high frequency data and a new econometric approach to evaluate the effectiveness of...

This paper evaluates the impact of a program of bureaucracy simplification and tax reduction...