Financial inclusion

The impact of financial deepening on poverty and the causes and consequences of access to finance are critical policy questions across the developing world.  I have been using an array of cross-country and country-specific data to explore these questions.  I have also been on several advisory panels to gauge the impact of different initiatives to increase access to finance, including the Access to Finance Performance Based Grant Initiative (IFC) and the Evaluation Panel of the Dutch FMO.

Financial inclusion - measuring progress and progress in measuring, paper prepared for IMF Statistics conference

Microfinance: A Critical Literature Survey, IEG Working Paper

Payment instruments, finance and development, (joint with Haki Pamuk, Ravi Ramrattan and Burak Uras), Journal of Development Economics 133, 162-186, 2018.

Informality and Access to Finance: Evidence from India, with Mohammad Hoseini.

Entrepreneurial Savings Practices and Reinvestment: Theory and Evidence, with Haki Pumak and Burak Uras Review of Development Economics 21, 1205-28, 2017.

Individual vs. village lending:Evidence from Montenegro, with Patrick Behr, Review of Development Economics 21, e67-e87, 2017

Finance and Growth for Microenterprises: Evidence from Rural China, with Liping Lu and Rudai Yang, World Development 67, 38-56, 2014

Is Small Beautiful? Financial Structure, Size and Access to Finance, with Asli Demirguc-Kunt and Dorothe Singer, World Development 52, 19-33, 2013.

Gender and Finance in Sub-Saharan Africa: Are Women Disadvantaged?, with Reyes Aterido and Leonardo Iacovone, World Development 47, 102-120, 2013

What Explains the Cost of Remittances? An Examination Across 119 Country Corridors, with Maria Soledad Martinez Peria, World Bank Economic Review 25,105-131, 2011.

Foreign Bank Ownership and Household Credit, with Martin Brown, Journal of Financial Intermediation, forthcoming.

Why do Firms Evade Taxes? The Role of Information Sharing and Financial Sector Outreach, with Chen Lin and Yue Ma, Journal of Finance 69, 2014.

Access to Financial Services: Measurement, Impact and Policies, with A. Demirguc-Kunt and P. Honohan. World Bank Research Observer, 24, 119-145, 2009.

Access to Finance - An Unfinished Agenda, with A. Demirguc-Kunt. World Bank Economic Review, 22, 383-396, 2008.

Banking Services for Everyone? Barriers to Bank Access and Use around the World, with A. Demirgüç-Kunt and M. Martinez Peria. World Bank Economic Review, 22, 397-430, 2008.  (Dataset)

Policy Choices for an Efficient and Inclusive Financial System, in: Collateral Reform and Access to Credit, 2008, Frederique Dahan and John Simpson (eds). Edward Elgar Ltd.

The Basic Analytics of Access to Financial Services, with A. de la Torre, Financial Markets, Institutions and Instruments 16 (2), May 2007, pp. 79-117.

Reaching Out: Access to and Use of Banking Services across Countries, with A.Demirgüç-Kunt and M. Martinez Peria, Journal of Financial Economics 85, July 2007, pp. 234-66.