Though input vouchers are increasingly being used as a mechanism to target subsidies in developing countries, limited empirical evidence of their performance relative to other distribution mechanisms exist. Consequently this study contributes to this scarce literature by comparing an input...

Improving rural credit markets requires a good understanding of the root causes of market failures and taking necessary steps to address them. This paper investigates the role of productivity shocks in borrowers' repayment choices. Using a framed field experiment that simulated a repeated...