Capital Markets, Technology, Financial Inclusion, and Economic Growth

Shilpa Aggarwal and Amit Seru, Organizers

December 16-17, 2023

Format: Authors will have 25 minutes to present their papers, discussants 15 minutes for comments, and there will be an additional 20 minutes for general discussion

Conference Code of Conduct

Saturday, December 16
9:00 am
Coffee and Tea
9:30 am

Can Cashless Payments Spur Economic Growth?
Discussant: Viral V. Acharya, New York University and NBER
10:30 am

Beyond the Bureau: Loan Screening and Monitoring under Open Banking
Discussant: Amit Seru, Stanford University and NBER
11:30 am
Break
12:00 pm

Impact of the GST on Corporate Tax Evasion: Evidence from Indian Tax Records
Discussant: James M. Poterba, Massachusetts Institute of Technology
1:00 pm
Lunch
2:00 pm

The Moneylender as Middleman: Formal Credit Supply and Informal Loans in Rural India
Discussant: Anusha Chari, University of North Carolina at Chapel Hill and NBER
3:00 pm

Bank Expansion, Firm Dynamics, and Structural Transformation: Evidence from India’s Policy Experiment
Discussant: Luigi Zingales, University of Chicago and NBER
4:00 pm
Break
4:30 pm
Panel Discussion: How Digital Payments are Driving Financial Inclusion
Chair: Karen Mills, Harvard Business School and NBER
Panelists: Sharath Bulusu, Google
Gopalaraman Padmanabhan, Axis Bank (formerly Reserve Bank of India)
Chetna Sinha, Mann Deshi Mahila Sahkari Bank
6:30 pm
Dinner
Sunday, December 17
8:30 am
Coffee and Tea
9:00 am

Mobile Money, Interoperability and Financial Inclusion
Discussant: Per Stromberg, Stockholm School of Economics
10:00 am

Disentangling the Effects of Financial Inclusion on Household Well-Being (slides)
Discussant: Tarun Ramadorai, London School of Economics
11:00 am
Break
11:30 am

Information Frictions and Take-up of Government Credit Programs
Discussant: Raghuram Rajan, University of Chicago and NBER
12:30 pm
Lunch
1:30 pm

Using Lotteries to Attract Deposits
Discussant: Shilpa Aggarwal, Indian School of Business (ISB)
2:30 pm

Equilibrium Effects of ``Financial Affirmative Action'': Evidence from India
Discussant: Rohini Pande, Yale University and NBER
3:30 pm
Adjourn