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John Papp
John works for an investment management firm in New York. He holds a Ph.D. in economics from Princeton University, where he studied the impact of India’s Employment Guarantee Scheme on migration and wages. He has spent twelve months living in India, part of which was spent designing and implementing a household survey in rural Rajasthan. In other work, he studied ways to design micro-finance credit contracts to encourage business investment.
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Impact of MNREGA on labour markets
There is an active, ongoing debate on whether MNREGA should be retained in its current form. This column reports on research which suggests that MNREGA increased rural and urban wages and reduced seasonal rural-to-urban migration. It argues that the effect of MNREGA on labour markets should play a role in the discussion on whether and how to reform the scheme.
Long Run-Effects of Repayment Flexibility in Microfinance: Evidence from India
Financiers across the world structure debt contracts to limit the risk of entrepreneurial lending. But debt structures that reduce risk may inhibit enterprise growth, especially among the poor.