College of Arts and Sciences — Economics — International and Development Economics — Masters Program in Economics — Undergraduate Program

Bruce Wydick

Professor

Ph.D., University of California, Berkeley.
Areas of specialization: Use of econometric, experimental, and game-theoretic tools to analyze the impact of development projects and policies, especially in the areas of microfinance, education, and health. Dr. Wydick is working under a grant from USAID to analyze the impact of child sponsorship programs. Much of his work has examined the workings and impact of microfinance. He has published articles in journals such as The Economic Journal, Economica, Oxford Economic Papers, Journal of Development Economics, Economic Development and Cultural Change, and World Development, and his book Games In Economic Development was published by Cambridge University Press in 2008. He is currently working on an impact study with the Heifer Project and writing a book about fair-trade coffee.

Education

Ph.D., University of California, Berkeley

Research Areas

Development Economics, Labor Economics, Behavioral Economics

Publications

Publications and Articles:

Microfinance, Social Capital, and Group Lending

"Does Social Capital Matter? Evidence from a Five-Country Group Lending Experiment"(with Alessandra Cassar) Presented at the Northeast Universities Development Conference (Boston University) November, 2008, University of California and Berkeley Development seminar, February 2008, and at the University of California at Davis Department Seminar January 2008, and Cal Tech May 2008 (by Cassar). Forthcoming 2011,Oxford Economic Papers.

"Social Networks, Neighborhood Effects and Credit Access"(with Harmony Karp Hayes, San Francisco Foundation and Sarah Hilliker Kempf, University of California at San Francisco). Presented at the Pacific Conference for Development Economics and at the University of California at Santa Barbara, and the Conference on Microfinance, University of Groningen, the Netherlands. Forthcoming 2011,World Development (Symposium on Microfinance).

"Adverse Selection and Moral Hazard in Joint-Liability Loan Contracts: Evidence from an Artefactual Field Experiment" (with Giorgia Barboni, Alessandra Cassar, and Arturo Rodriguez Trejo), Presented by Barboni at London School of Economics, October 2010. Under Review.

"The Effect of Social Capital on Group Loan Repayment: Evidence from Field Experiments"(with Alessandra Cassar). Presented by Crowley at the July 2005 Conference on Microfinance in Groningen, the Netherlands. Symposium on the Empirics of Microfinance. Economic Journal,February 2007.

"Group Lending under Dynamic Incentives as a Borrower Discipline Device" Presented at the U.C. Berkeley Development Economics Seminar, February 2000. Review of Development Economics, October 2001.

"Can Social Cohesion be Harnessed to Repair Market Failures? Evidence from Group Lending in Guatemala" Presented at the U.C. Berkeley Development Economics Seminar, Department of Economics, October 1995, and at job-market seminars. Economic Journal, July 1999.

Credit and Financial Markets

"Do Risky Borrowers Really Invest in Risky Projects: A Test of Stiglitz and Weiss from Bolivian Microfinance" (with Alessandra Cassar and Eliana Zeballos, Innovations for Poverty Action). Presented by Zeballos at the Pacific Conference for Development Economics, March 13, 2010, University of Southern California. December 2010. Under Review.

"What Do Credit Bureaus Do? Understanding Screening, Incentive, and Credit Expansion Effects" (with Craig McIntosh, University of California at San Diego). Presented at the 2007 Northeast Universities Development Consortium Conference, Harvard University, October 26-27, the 2008 Pacific Conference for Development Economics, and the University of California at Santa Barbara, May 2007. January 2011. Under review.

"Credit Information Systems in Less Developed Countries: Recent History and a Test" (with Craig McIntosh, UC San Diego and Jill Luoto, UC Berkeley.)Economic Development and Cultural Change, January, 2007.

"Competition and Microfinance" (with Craig McIntosh, UC San Diego.) Presented at Princeton University, December 2002, WEA Meetings in Seattle, July 2002, UC Davis, May 2002, and presented by McIntosh at UC Berkeley. Journal of Development Economics, December 2005.

"How Efficient are the Emerging African Stock Markets?" (with Magnus Magnusson, Cambridge University.)Journal of Development Studies,April 2002.

Development Program Impacts

"Does International Child Sponsorship Work? A Six-Country Study of Impacts on Adult Life Outcomes" (with Paul Glewwe and Laine Rutledge), October 2010. Prepared for presentation at the UC Berkeley Development Seminar, October 4, 2009, Cornell University Conference on Institutions, Behavior, and the Escape from Persistent Poverty, November 16-17, 2009, Stanford University Development Lunch, April 15, 2010, University of Southern California Development Economics Seminar, October 5, 2010, Georgia Institute of Technology, October 15, 2010, USF Economics Seminar, November 4, 2010, ACCORD Faith-based Development Practitioner Conference, Fort Meyers, FL, November 19, 2010, UC Davis departmental seminar in Agricultural and Resource Economics, January 10, 2011, Pacific Conference for Development Economics, UC Berkeley, March 2011), World Bank, March 15, 2011.

"Health and Environmental Effects from the Introduction of High-Technology Wood-Burning Stoves: Evidence from a Field Experiment in Western Guatemala" (with Kent Moriarty and Dan Ludwinski)October 2010. Forthcoming,Environment, Development and Sustainability.

"Microfinance and Home Improvement: Using Retrospective Panel Data to Measure Program Effects on Fundamental Events" (with Craig McIntosh and Gonzalo Villaran), April 2008. Winner, 2006 US Agency for International Development (USAID) Impact Assessment Contest (tie).     Presentation at the World Bank, February 2007, the XV International Conference on Banking and Finance, University of Rome (Tor Vergata) December 2006, University of Southern California February 2006, and the Pacific Conference for Development Economics, UC Davis, March 2007. Forthcoming 2011,World Development (Symposium on Microfinance).

"Microfinance Among the Maya: Tracking the Progress of Credit Program Participants"Development and Change,June 2002.

"Microenterprise Lending to Female Entrepreneurs: Sacrificing Economic Growth for Poverty Reduction?"(with Michael Kevane, Santa Clara University.)World Development, July 2001.

"Access to Credit, Human Capital, and Class Structural Mobility"Presented at the U.C. Berkeley Development Economics Seminar, Department of Economics, March 1994. Journal of Development Studies, August 1999.  

"The Impact of Credit Access on the Use of Child Labor in Household Enterprises: Evidence from Guatemala"Presented at the U.C. Berkeley Labor Economics Seminar, Department of Economics, November 1995. Economic Development and Cultural Change, July 1999.

Applied Game Theory, Group Behavior, and Social Capital

"The Economics of Parenting, Self-Esteem, and Academic Performance: Theory and a Test" (with Rajeev Darolia), February 2009. Presented at the University of San Francisco Graduate Seminar by Darolia. Forthcoming 2011,Economica.

"Does New Information Technology Undermine Media Quality? A Note on Commercial Public Goods" (with Man-Lui Lau), January 2011. Revised and re-submitted,Journal of Media Economics.

"Do Race-based Preferences Perpetuate Discrimination Against Marginalized Ethnic Groups?" Presented at the Bay Area Labor Market Association Conference, Stanford University, the Western Economic Association Meetings, and the University of San Francisco.Journal of Developing Areas,Fall 2008.

"Grandma was Right: Why Cohabitation Undermines Relational Happiness, But is Increasing Anyway"Kyklos: International Review for Social Sciences, November 2007.

"Affirmative Action in College Admissions: Examining Labor Market Effects of Four Alternative Policies."Contemporary Economic Policy, January 2002.

"Social Norms and the Time Allocation of Women's Labor in Burkina Faso" (with Michael Kevane, Santa Clara University)Appendix with Proofs and Derivations. Presented at the U.C. Berkeley Development Economics Seminar by Kevane, October 1998. Review of Development Economics, February 2001.