Purpose This paper reviews recent advances in the empirical literature of FinTech and
household finance. Design/methodology/approach We survey the effects of FinTech on …

Macroeconomic development remains an important policy goal because of its ability to lift
entire populations out of poverty. In our review of the literature, we emphasize that the best …

The optimal design of a central bank digital currency (CBDC) is analyzed in an environment
where agents sort into cash, CBDC, and bank deposits according to their preferences over …

The COVID-19 pandemic has disrupted economic activity in India. Adjusting policies to
contain transmission while mitigating the economic impact requires an assessment of the …

This paper studies the impact of the US-China tariff war on China, using high-frequency
night lights data and grid-level measures of tariff exposure. Exploiting within-grid variation …

Abstract On November 8, 2016, India demonetized 86 percent of its currency in circulation.
The stated objectives of the move were to seize undeclared income, to destroy counterfeit …

We uncover an informational synergy between FinTech lending and cashless payments.
Theoretically, FinTech lenders screen borrowers more efficiently when borrowers use …

The last expenditure survey released by India's National Sample Survey organization dates
back to 2011, which is when India last released official estimates of poverty and inequality …

Identifying high-growth microentrepreneurs in low-income countries remains a challenge
due to a scarcity of verifiable information. With a cash grant experiment in India we …

We provide evidence on the importance of coordination frictions in technology adoption,
using data from a large provider of electronic wallets during the Indian demonetization …