Ideas to action: independent research for global prosperity
Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
WORKING PAPERS
April 11, 2024
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April 15, 2024
CGD NOTES
April 08, 2024
WORKING PAPERS
April 04, 2024
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Research
WORKING PAPERS
July 10, 2013
The long-run price elasticity of demand for credit is a key parameter for intertemporal modeling, policy levers, and lending practice. We use randomized interest rates, offered across 80 regions by Mexico’s largest microlender, to identify a 29-month dollars-borrowed elasticity of -1.9. This e...
WORKING PAPERS
July 10, 2013
Theory and evidence have raised concerns that microcredit does more harm than good, particularly when offered at high interest rates. We use a clustered randomized trial, and household surveys of eligible borrowers and their businesses, to estimate impacts from an expansion of group lending at 110% ...
ESSAYS
July 10, 2013
Labor migration to Gulf Cooperation Council (GCC) countries has massive effects on the GCC, the countries migrants come from, and the migrants themselves and their families. Yet existing research on the effects of Gulf migration is marked by its extreme scarcity, reliance on descriptive anecdote, an...