Media Coverage
April 20, 2015
The International Growth Centre features a blog post by Stephen Anderson-Macdonald, on his IPA study with Bilal Zia and Rajesh Chandy, looking at the mixed history of research on business training for micro-entreprenurs in developing countries and asking if all business training is the same?
Media Coverage
February 08, 2012
Dean Karlan discusses his research on microfinance with Tony Sheldon and Rodrigo Canales at the Yale School of Management. An excerpt: "We did discover some important patterns. For instance, in India, we saw an increase in business starts for households that had no business to begin with. If they already had a business, though, we didn't see any increase in what they were doing. There was definitely a ceiling above which they just did not excel. Microenterprises are not growing into the small and medium enterprises that are engines for growth."
Media Coverage
August 30, 2011
Africa's MFI performance, despite low population density and high operating costs, is competitive and it leads the world in savings mobilisations, according to the African Development Bank. Yet access to formal finance is still low, says Beniamino Savonitto, project director at Innovations for Poverty Action, an NGO. The excluded seek financial supports from family, friends or curb markets.
Media Coverage
June 01, 2011
"This book is a gem. Anyone serious about aid, philanthropy, or impact investing should read it, maybe a couple of times."
Media Coverage
May 17, 2011
Contrary to the hype, microfinance doesn't help everyone - and microfinance loans sometimes go for personal needs, not a business. But that's OK. By Dean Karlan and Jacob Appel
Jonathan Morduch, Dean Karlan, Abhijit Banerjee, Esther Duflo
October 21, 2010

The emerging answer seems to be similar to the answer to the question: "Does Aid Work?": It depends.

We just finished up the first panel session at Microfinance Impact 2010, moderated by Jonathan Morduch, and with presentations by Dean Karlan (Yale and IPA), Abhijit Banerjee (MIT), Esther Duflo (MIT), Carlos Danel (Compartamos Banco) and Tanguy Bernard (Agence Française de Développement).

Malawian farmers gather around a computer to observe the fingerprinting technology used in the study.
Dean Yang
Dean Karlan, Jonathan Zinman
April 09, 2009

Banks in the developed world know a lot about applicants before deciding whether or not to lend them money. The transactions take place within a massive flow of detailed financial information including tax returns, credit scores, loan applications, and bank statements. An ocean of personal data follows people throughout their lives and determines their access to credit.

Dean Karlan, Jonathan Zinman
February 26, 2009

A frequent question that I get from friends and family members about the microfinance projects I work on for IPA is, “What do people actually do with the loans?”

Media Coverage
December 13, 2007
Dean Karlan and Jonathan Zinman provide insight into the effects of expanded access to credit with findings from a South Africa study, whereby a lender offered loans to individuals who had previously been narrowly rejected for loans. The results: the lender saw some profits, and borrowers had more food on the table, better job retention, more spending on transportation to get to work, and a boost in credit ratings.
November 13, 2007
Dean Karlan has been given a Presidential Early Career Award for Scientists and Engineers (PECASE), the highest honor for beginning researchers in the United States.
Media Coverage
August 02, 2007
A study of profit-seeking lenders in South Africa by Dean Karlan and Jonathan Zinman garners attention in The Economist. Related Projects:Estimating the Impact of Small Consumer Loans on the Working Poor in South Africa
Media Coverage
July 15, 2006
By revealing how actual consumers respond to real-world situations, field experiments in economics can shed new light on fundamental questions in economic theory. Related Projects:Marketing Effects in a Consumer Credit Market in South Africa