Excerpt

August 14, 2018, Paper: "We test a prediction from a recent paper by Ambrus and Elliott (2018), according to which less volatile incomes increases the association between within community centrality of a household, defined as Myerson centrality, and the probability of keeping financial connections with households outside the village. We use data from a unique field experiment in 185 Indian villages in which a randomly chosen half of the villages got access to formal banking services. We find empirical support for the prediction, as the relationship between Myerson centrality and having outside links is significantly more positive in villages that got access to formal banking."

Harvard HKS author's website: Rohini Pande