Imperfect capital markets and commitment problems impede lumpy human capital investments. Labeled loans have been postulated as a potential solution to both constraints, but little is known about the role of the label in influencing investment choices in practice. We draw on a cluster randomized...

Poor sanitation is an important policy issue facing India, which accounts for over half of the 1.1 billion people worldwide that defecate in the open [JMP, 2012]. Achieving global sanitation targets, and reducing the social and economic costs of open defecation, therefore requires effectively...

The world's poorest people lack capital and skills and toil for others in occupations that others shun. Using a large-scale and long-term randomized control trial in Bangladesh this paper demonstrates that sizable transfers of assets and skills enable the poorest women to shift out of...