Using a unique dataset obtained from rural Andhra Pradesh, India that contains direct observations of household access to credit and detailed time use, results of this study indicate that credit market failures lead to a substantial reallocation of time used by children for activities such as...

Despite the professed claims of microcredit alleviating poverty, little is known about what kind of credit contract is suitable for extremely poor households, also called the ultra-poor. To fill this knowledge gap, we initiated a field experiment in the river islands of northern Bangladesh,...

This paper illustrates the sharp contrast in welfare impacts between the rich and the poor caused by typhoon Milenyo in a Philippine village. Fish price dropped sharply after a large volume of cultured fish was set loose due to the damage caused to fish pens near the village, leading to positive...

In December 2005 and January 2006, we conducted a pilot survey to collect detailed information on eighty rickshaw pullers and twenty-six rickshaw owner-contractors in north-east Delhi. This is a preliminary report based on the data thus collected.