I typically do not post working papers. If anything, I prefer to write about published papers of mine (so rarely), or about the wonderful papers/colleagues from whom I learn so much (often about the #WEFIDEV network in #Finance & #Development).
But this one feels a little different.
"Microdata for Research in Macroeconomics and Finance" is a fun paper that I wrote along the way (@cepr_org DP link below), after @pogourinchas, #PetiaTopalova, and #NanLi from the @IMFNews reached out with the idea of taking stock of how microdata are changing research in macroeconomics and finance, stimulated by the excellent work of the @FCDOGovUK headed by @DennisNovy.
The central idea is simple: over the last two decades, economics & finance have been transformed by the growing availability of granular data (credit registries, firm balance sheets, digital payments, and more). These allow us to move beyond aggregate averages & ask sharper questions. Who is constrained? Which firms respond to policy? How do payment systems reshape economic activity? Where are market imperfections most binding? And more.
This matters everywhere, but especially in low-income countries, where importing policies from high-income settings can be misleading. Market frictions, informality, enforcement, institutional capacity, and financial infrastructure often differ in fundamental ways. Better policy requires understanding these mechanisms from the ground up.
In the paper, I construct a new dataset of more than 1,900 academic publications using nine types of microdata, drawn from the top 50 journals in economics and finance between 2000 and 2025. The dataset combines bibliometric work, LLM-processing, and human verification.
What have we learned about microfinance?
In one of our most listened-to episodes of VoxDevTalks this year, Jing Cai @MuhammadMeki @simonrquinn discussed the latest research on microfinance and how we can use it to inform policy: https://t.co/9QxtXoyzms
Job opportunity! ODID and Wolfson College seek applications for an Associate Professor in Development Economics.
⏰ Deadline: 8 December
Details: https://t.co/o13Rv7wMYo
PEDL turns 15(!) and we are getting folks together for a conference. Send us your best papers by October 20 and come hangout with us in beautiful Oxford in March.
Details: https://t.co/c2gj9tG6NQ
Special session for PhD students! Spread the word.
@cepr_org@KelloggSchool@KimFeCramer Fantastic keynote speakers: Viral Acharya (@nyuniversity) and Emily Breza (@Harvard). More info available at https://t.co/EXmCEJ6E9O and link to submit available here https://t.co/HrYwnotMpf
Submission deadline for this PEDL young scholars workshop (to take place the day before the Oct 24-25 @The_IGC/@YaleEGC Firms/Trade/Development conference) is Sept 7 (soon!). For researchers post-PhD but untenured (or <=8 years out). Hope to see many of you there.
🆕 Unlocking investment in small firms through performance-linked financial contracts
Today on VoxDev, @MuhammadMeki (@ODID_QEH) discusses the impact of performance-linked contracts on small firms in Kenya and Pakistan: https://t.co/34FmfWa8j2
This week, at the 2025 WEFIDEV–RFS–CEPR Conference,@LSEnews, experts will explore:
💰Fast payment systems like India’s UPI & Brazil’s Pix
SME
💰Financing & banking innovations in low-income countries
🔗https://t.co/2Mm4QrlO9w
#FinanceForDevelopment@cepr_org#Finance
BREAD is going to South Asia! Our next in-person conference outside US/Europe will be @EconomicsLUMS in Lahore, Pakistan: Sept 11-13.
Submissions open to all, workshop includes a mentoring program.
Thanks to @GLMLIC & all our partners.
Please RT to help spread the word!
Links👇
Centre for the Study of African Economies at University of Oxford will automatically consider all applicants from Africa for full funding for the MPhil in Economics - we have new scholarships for eligible students.
Apply asap: deadline 4th March (extended deadline): see below
Less than 2 weeks to register for the CSAE Conference 2025! #OxCSAE2025
⏰Deadline: 23 Feb
Register: https://t.co/Aefm69U4w1
Keynote Speaker: James Robinson, Nobel Prize winner in 2024, Professor at @HarrisPolicy, & Fellow at the University of Nigeria.
We are thrilled to share the WEFIDEV-RFS-CEPR Conference program on #Finance and #Development, with an RFS dual submission! Thanks everyone for contributing to our community. See you in March at LSE! @LSEnews, @SFSjournals, @giorgiabarboni, @NicolaLimodio
https://t.co/kpfRnqnHCd
I'm ecstatic to announce ⏬the program for the 4th WEFIDEV - RFS @SFSjournals - @cepr_org Conference on #Finance and #Development! This the first "dual submission" opportunity with the RFS: 2 more in the next 2 years, stay tuned & in touch for more! Many thank yous ahead...
In the latest #VoxDevLit on #microfinance and accompanying #VoxDevTalk, ODID’s @MuhammadMeki and fellow Senior Editors Jing Cai and Simon Quinn review the state of knowledge on microfinance.
🆕 What have we learned about microfinance?
#VoxDevLit Issue 3 summarises the latest research w/ Jing Cai @MuhammadMeki @simonrquinn Erica Field @JMorduch @_farahsaid @cynthia_kinnan & @jondequidt: https://t.co/y5XZbNvQh4
Today's podcast covers this Lit: https://t.co/9QxtXoyzms
🔍 HAPPENING TOMORROW: How can equity-like contracts unlock investment potential in small firms? A #PSDRN virtual seminar exploring the intersection of finance and development with Dr. Meki (Oxford University) & Michelle Brock (EBRD)
🔗 To join: https://t.co/cAXCgn6ueu