We exploit a 2004 credit reform in Brazil that simplified the sale of repossessed cars used as collateral for auto loans. We show that the change has led to larger loans...
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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
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2012
We formulate and solve a range of dynamic models of information-constrained credit that allow... |
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2012
The theory of the optimal allocation of risk and some unusual panel data on financial... |
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Eliminating Entry Barriers for the Provision of Banking Services: 'Banking Correspondents' in Brazil
2012
This paper shows that the contractual arrangement of `banking correspondents' has... |
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2012
This is a working paper from Dean Karlan, Ryan Knight, and Christopher Udry... |
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2012
This paper examines two different clearing arrangements for bank liabilities. One was a profit... |
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NBER Working Paper No. 17858
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2012
We exploit a 2004 credit reform in Brazil that simplified the sale of repossessed cars used as... |
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2012
We construct data for a flow of funds model and estimate a complete model of disaggregated... |
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2012
Developing an understanding of how financial market disturbances affect the broader economy is... |
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2012
In the 1970s, U.S. asset markets witnessed (i) a 25% dip in the ratio of aggregate household... |
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2012
This paper analyzes South Africa’s Free Basic Water Policy, under which households... |