Office: South Academic Building Rm. 318
E-mail: arai@williams.edu
Tel: (413) 597-2270
Fax: (413) 597-4045
Department of Economics
Williams College
South Academic Building
Williamstown, MA 01267
University of Chicago, Ph.D., 1997
Stanford University, B.A., 1992
Curriculum Vitae (PDF)
Development
Public Economics
Contract Theory
Finance
"Targeting the Poor Using Community Information," Journal of Development Economics, 69:71-84, October 2002.
"Does Microcredit Reach the Poor and Vulnerable? Evidence from Northern Bangladesh," (with Sajeda Amin and Giorgio Topa), Journal of Development Economics, 70:59-82, February 2003.
"Is Grameen Lending Efficient? Repayment Incentives and Insurance in Village Economies," (with Tomas Sjöström), Review of Economic Studies 71 (1), 217-234, January 2004.
"Cosigned or Group Loans," (with Philip Bond). Journal of Development Economics. 85: 58-80. February 2008.
"Adverse Selection in Credit Markets: Evidence from a Policy Experiment " (with Stefan Klonner). Manuscript.
"Borrower Runs" (with Philip Bond). Journal of Development Economics. 88: 185-191, March 2009.
"Cosigners as Collateral" (with Stefan Klonner) Manuscript.
"Do Spouses Make Claims? Empowerment and Microfinance in India" (with S. Ravi) World Development, forthcoming.
Visiting Scholar, Indian School of Business, Hyderabad, 2006-07
Research Fellow, Center for International Development at Harvard, 1999-2002
Institute Associate, Harvard Institute for International Development, 1997-1999
Visiting Lecturer/Research Scholar, Yale University, 2002-03
Short term consultant for USAID and Asian Development Bank