Bill and Melinda Gates Foundation
NBER Working Papers and Publications
|September 2016||Research and Impacts of Digital Financial Services|
with Dean Karlan, Jake Kendall, Rohini Pande, Tavneet Suri, Jonathan Zinman: w22633
A growing body of rigorous research shows that financial services innovations can have important positive impacts on wellbeing, but also that many do not. We first describe the latest evidence on what works in financial inclusion. Second, we summarize research on key financial market failures and on products and innovations that address specific mechanisms underlying them. We conclude by highlighting open areas for future work.