Economics 3rd Edition By Dean Karlan

Dean Karlan serves as Professor of Economics and Finance at Northwestern University and President and Founder of Innovations for Poverty Action (IPA). Dean established IPA in 2002 with two aims: to assist in examining what is effective and what is not in the battle against poverty and other social issues globally, and subsequently to implement successful ideas on a large scale. IPA has operated in over 50 countries, employing 1,000 staff around the world. Dean’s personal research concentrates on leveraging field experiments to gain insights into the efficacy of financial services for low-income households, with a focus on applying behavioral economics methods to enhance financial services and products. His research spans related areas such as generating income for those in extreme poverty, fundraising for charitable causes, voting, healthcare, and education. Dean is also a co-founder of stickK.com, a startup that aids individuals in utilizing commitment contracts to achieve personal goals like weight loss or completing an assignment on time. In 2015, he established Impact Matters, an organization that evaluates whether charitable institutions are utilizing and producing appropriate evidence of impact. Dean is a Sloan Foundation Research Fellow, a Guggenheim Fellow, and a member of the Executive Committee of the Board of the M.I.T. Jameel Poverty Action Lab. In 2007, he received a Presidential Early Career Award for Scientists and Engineers. He co-edits the Journal of Development Economics and sits on the editorial board of American Economic Journal: Applied Economics. He holds a BA from the University of Virginia, an MPP and MBA from the University of Chicago, and a PhD in Economics from MIT. In 2016, he co-authored Failing in the Field, and in 2011, he co-authored More Than Good Intentions: Enhancing the Ways the World’s Poor Borrow, Save, Farm, Learn, and Stay Healthy.

Jonathan Morduch holds the role of Professor of Public Policy and Economics at New York University’s Wagner Graduate School of Public Service. Jonathan focuses on innovations that broaden the frontiers of finance and on how financial markets influence economic growth and inequality. Jonathan has lived and worked in Asia, but his recent book, The Financial Diaries: How American Families Cope in a World of Uncertainty (co-authored with Rachel Schneider and published by Princeton University Press, 2017), shadows families in California, Mississippi, Ohio, Kentucky, and New York as they grapple with financial fluctuations over a year. The new work builds upon concepts in Portfolios of the Poor: How the World’s Poor Live on $2 a Day (Princeton University Press, 2009), which Jonathan co-authored and which illustrates how families in Bangladesh, India, and South Africa devise strategies to make ends meet living on $2 a day or less. Jonathan’s research on financial markets is compiled in The Economics of Microfinance and Banking the World, both published by MIT Press. At NYU, Jonathan serves as the executive director of the Financial Access Initiative, a center supporting research on expanding access to finance in low-income communities. Jonathan’s ideas have also influenced policy through collaborations with the United Nations, World Bank, and other international organizations. In 2009, the Free University of Brussels bestowed upon Jonathan an honorary doctorate in recognition of his work in microfinance. He holds a BA from Brown and a PhD from Harvard, both in Economics.