Ashok S. Rai

Assistant Professor of Economics

Office: Seeley 7
E-mail: arai@williams.edu
Tel: (413) 597-2270
Fax: (413) 597-4045
Department of Economics
Williams College
Fernald House
Williamstown, MA 01267

Ashok Rai

Education

University of Chicago, Ph.D., 1997
Stanford University, B.A., 1992

Fields of Specialization

Development
Public Economics
Contract Theory
Finance

Research

Publications and Working Papers

"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). Manuscript.

"Adverse Selection in Credit Markets: Evidence from South Indian Bidding Roscas" (with Stefan Klonner). Manuscript.

"Poverty Reducing Credit Policies," (with Beatriz Armendariz de Aghion and Tomas Sjöström). Manuscript.

"Borrower Runs" (with Philip Bond). Manuscript.

"Collateral Substitutes in Microfinance" (with Philip Bond). Manuscript.

Other

Selected Work Experience

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