Corruption and crime are factors that regularly affect firms, yet few papers compare the two impacts. This is largely due to a lack of data, something I overcome using recent surveys of microenterprises in Mexico. After instrumenting for individual firm-level incidence, I find that thieves are...

Despite dramatic microfinance growth, formal credit use by poor households remains low. There is increasing evidence of muted demand, suggesting a link between the risk of projects financed by credit and households' risk management. This article analyses these links using panel data on urban...