Found 50 article(s) for author 'Rohini Pande'

Research and Impacts of Digital Financial Services

Research and Impacts of Digital Financial Services. Rohini Pande, September 2016, Paper, “A growing body of rigorous research shows that financial services innovations can have important positive impacts on wellbeing, but also that many do not. We first describe the latest evidence on what works in financial inclusion. Second, we summarize research on key financial market failures and on products and innovations that address specific mechanisms underlying them. We conclude by highlighting open areas for future work.Link

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Economic Development: Using Analytical Frameworks for Policy Design

Economic Development: Using Analytical Frameworks for Policy Design. Asim Khwaja, Rohini Pande, 2016, Syllabus. “This is a semester-long course that provides analytical frameworks to aid the design and implementation of development policy. The course will start by examining different diagnostic approaches for policy design and then provide a deep-dive analysis into diagnostics and policy design in the areas of education, finance, industrial policy, environment and climate change and governance.Link

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The Personnel Economics of the State

The Personnel Economics of the State. Rohini Pande, December 2015, Paper. “Governments play a central role in facilitating economic development. Yet while economists have long emphasized the importance of government quality, historically they have paid less attention to the internal workings of the state and the individuals who provide the public services. This paper reviews a nascent but growing body of field experiments that explores the personnel economics of the state. To place the experimental findings in context, we begin by documenting some stylized facts about how public sector employment differs from that in the private sector. In particular, we show that in most countries throughout the world, public sector employees enjoy a significant wage premium over their private sector counterparts. Moreover, this wage gap is largest among low-income countries, which tends to be precisely where governance issues are most severe … Link

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Why Aren’t India’s Women Working?

Why Aren’t India’s Women Working? Rohini Pande, August 23, 2015, Opinion, “Usually, economic growth in lower-middle-income countries creates more jobs for women. But as India’s economy grew at an average of 7 percent between 2004 and 2011, its female labor force participation fell by seven percentage points, to 24 percent from 31 percent. Despite rapidly increasing educational attainment for girls and declining fertility, the International Labor Organization in 2013 ranked India 11th from the bottom in the world in female labor-force participation. Research shows why this matters: Working, and the control of assets it allows, lowers rates…Link

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Friendship at Work: Can Peer Effects Catalyze Female Entrepreneurship?

Friendship at Work: Can Peer Effects Catalyze Female Entrepreneurship? Rohini Pande, April 2015, Paper. “Does the lack of peers contribute to the observed gender gap in entrepreneurial success, and is the constraint stronger for women facing more restrictive social norms? We offered two days of business counseling to a random sample of customers of India’s largest women’s bank. A random sub-sample was invited to attend with a friend. The intervention had a significant immediate impact on participants’ business activity, but only if they were trained in the presence of a friend. Four months later, those trained with a friend were more likely to…Link

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In Indian Villages, the Power of a Powerful Woman

In Indian Villages, the Power of a Powerful Woman. Rohini Pande, January 14, 2015, Opinion. “There are two key requirements for a truly representative democracy: First, that anyone of good character can run for election, without regard to income, gender or social status; and second, that voters determine which qualities are most important in those they elect. The Indian state of Rajasthan has struck a blow against both of these freedoms. Last month, the governor issued an executive order barring citizens with less than eight years of formal education from running for election for village council head. The rationale was to…” Link

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Do Group Dynamics Influence Social Capital Gains Among Microfinance Clients? Evidence from a Randomized Experiment in Urban India

Do Group Dynamics Influence Social Capital Gains Among Microfinance Clients? Evidence from a Randomized Experiment in Urban India. Erica Field, Rohini Pande, Fall 2014, Paper. “As an intrinsic part of the classic microfinance model, group meetings are intended to employ social capital to ensure timely repayment. Recent research suggests that more frequent meetings can increase social capital among first-time clients. Using randomized variation in group meeting frequency for 174 microfinance groups in India, we demonstrate that social capital gains associated with more frequent meetings…” Link

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The Value of Regulatory Discretion: Estimates from Environmental Inspections in India

The Value of Regulatory Discretion: Estimates from Environmental Inspections in India. Rohini Pande, September 30, 2014, Paper. “In collaboration with a state environmental regulator in India, we conducted a field experiment to raise the frequency of environmental inspections to the prescribed minimum for a random set of industrial plants. The treatment was successful when judged by process measures, as treatment plants, relative to the control group, were more than twice as likely to be inspected and to be cited for violating pollution standards. Yet the treatment was weaker for more consequential outcomes…Link Verified October 16, 2014

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Microfinance: Points of Promise

Microfinance: Points of Promise. Rohini Pande. September 29, 2014. Paper. “A majority of the world’s impoverished lack adequate access to financial services.Typically, formal banks do not target the poor because lending without collateral is considered too risky. Poor households seeking credit are subsequently forced into informal markets where the prices are high, the quantities limited, and the methods of insuring repayment can be brutal…” Link

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The Economic Returns to Social Interaction: Experimental Evidence from Microfinance.

The Economic Returns to Social Interaction: Experimental Evidence from Microfinance. Rohini Pande, April 2013, Paper. “Microfinance clients were randomly assigned to repayment groups that met either weekly or monthly during their first loan cycle, and then graduated to identical meeting frequency for their second loan. Long-run survey data and a follow-up public goods experiment reveal that clients initially assigned to weekly groups interact more often and exhibit a higher willingness to pool risk with group members from their first loan cycle nearly 2 years after the experiment…” Link verified June 19, 2014

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