Ashok Rai

Associate Professor of Economics
Schapiro Hall Rm 318


B.A. Stanford University (1992)
Ph.D. University of Chicago, Economics (1997)

Areas of Expertise

  • Development
  • Contract Theory


Note: courses in gray are not offered this academic year.


“Designing Insurance for Commodity Farmers,” in More Fair by Design: Market Design Perspectives on Inequality, edited by Scott Kominers and Alex Teytelboym, Oxford University Press, forthcoming.

“Redesigning Microcredit” (with T. Sjöström), in Handbook of Market Design,  edited by Z. Neeman, A. Roth and N. Vulkan, Oxford University Press, 2013.

Do Spouses Make Claims? Health-seeking and Microfinance in South India (with S. Ravi), World Development 39:6, 913-921.  June 2011.

Borrower Runs (with P. Bond), Journal of Development Economics 88: 185-191 March 2009.

Cosigned or Group Loans (with P. Bond), Journal of Development  Economics, 85: 58-80. February 2008.

Is Grameen Lending Efficient? Repayment Incentives and Insurance in Village Economies (with T. Sjöström), Review of Economic Studies, 71: 217-234, January 2004

Does Microcredit Reach the Poor and Vulnerable? Evidence from Northern Bangladesh. (with S. Amin and G. Topa),Journal of Development Economics, 70:59-82, February 2003

Targeting the Poor Using Community Information, Journal of Development Economics, 69: 71-84, October 2002

Selected Work Experience

Visiting Scholar, Indian School of Business, Hyderabad, 2006-07
Research Fellow, Center for International Development at Harvard, 1999-2002

Institute Associate, Harvard Institute for International Development, 1997-1999

Visiting Lecturer/Research Scholar, Yale University, 2002-03

Short term consultant for USAID and Asian Development Bank