University of Sydney, Australia, and IZA, Germany
IZA World of Labor role
Author
Current position
Associate Professor, School of Economics, FASS, University of Sydney, Australia
Research interest
Migration, microfinance, technology adoption, economic development
Positions/functions as a policy advisor
Consultant, the World Bank, Washington DC, 2006–2007; Post-doctoral Fellow, International Food Policy Research Institute, Washington DC, 2003–2006
Qualifications
PhD Agricultural Economics, Bonn University, 2003
Selected publications
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“Under-investment in a profitable technology: The case of seasonal migration in Bangladesh.” Econometrica 82:5 (2014) 1671–1748 (with G. Bryan and A. M. Mobarak).
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“Sequential lending with dynamic joint liability in microfinance.” Journal of Development Economics 111 (2014) 167–180 (with P. Roy Chowdhury and K. Sengupta).
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“Are consumers in developing countries willing to pay more for micronutrient-dense biofortified foods? Evidence from a field experiment in Uganda.” American Journal of Agricultural Economics 93 (2011): 83–97 (with J. V. Meenakshi, K. Tomlins, and C. Owori).
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“Setting weights for aggregate indices: An application to the Commitment to Development Index and Human Development Index.” Journal of Development Studies 42 (2006): 761–771 (with L. Squire).
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“The effect of democracy and press freedom on corruption: An empirical test.” Economics Letters 85 (2004): 93–101.
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Microfinance and rural non-farm employment in developing countries
Expansion of microfinance to rural areas may reduce credit constraints, helping non-farm sector growth, employment, and development
Shyamal Chowdhury, April 2017The rural non-farm sector plays an important role in diversifying income for rural households in developing countries and has the potential to emerge as a major source of employment. In some cases it has outgrown the agricultural sector, in part due to the expansion of credit through microfinance institutions that are supported by governments, donor agencies, and businesses. However, future expansion of the rural non-farm sector requires increased flexibility in credit contracts, as well as decreasing the cost of credit and the delivery of complementary inputs, e.g. skills training.MoreLess