Dean Karlan
Professor of Economics and Finance, Kellogg School of Management, Northwestern University
Dean Karlan is the Frederic Esser Nemmers Distinguished Professor of Economics and Finance at Northwestern University, co-Director with Nancy Qian and Christopher Udry of the Global Poverty Research Lab at Northwestern University, former Chief Economist of USAID (2022-2025), and the Founder of Innovations for Poverty Action , a non-profit organization dedicated to discovering and promoting solutions to global poverty problems. Karlan was also on the Executive Committee of the Board of Directors of the M.I.T. Jameel Poverty Action Lab from inception until 2022. In 2015, he also co-founded ImpactMatters, a nonprofit dedicated to estimating and rating impact of nonprofit organizations in order to help donors choose good charities and to promote more transparency in the nonprofit sector.
His research focuses on microeconomic issues of poverty, specifically employing experimental methodologies to examine what works, what does not, and why. He focuses on microfinance program design internationally, and voting and charitable giving decisions domestically. In microfinance, he has studied interest rate policy, credit evaluation and scoring policies, entrepreneurship training, group versus individual liability, savings product design, credit with education, and impact from increased access to credit. His work on savings typically uses insights from psychology and behavioural economics to design and test specialised products.
He has consulted for the World Bank, the Asian Development Bank, FINCA International and the Guatemalan government. His articles have been published in the American Economic Review, the Journal of the European Economic Association, the Quarterly Journal of Economics, and the Economic Journal. Recently his work received coverage in The New York Times, The Economist, the Wall Street Journal, the Washington Post and the Financial Times. Karlan received a Ph.D. in Economics from M.I.T., an M.B.A . and an M.P.P. from the University of Chicago, and a B.A. in International Affairs from the University of Virginia.
Recent work by Dean Karlan
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Scaling poverty alleviation: How group coaching makes graduation programmes more cost-effective
Group coaching in multi-faceted poverty alleviation programmes delivers the same results as individual coaching – at much lower cost.
Published 28.10.25
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Doing more with less: Why foreign aid should prioritise foundational learning now
Cuts to global education funding will forgo at least $100 billion in lifetime earnings. Supporting national governments to leverage domestic financing to improve foundational learning should be a priority for the development assistance that remains, ...
Published 03.09.25
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Measuring poverty using mobile phone data: Implications for targeting and impact evaluation
In settings where reliable data on poverty is difficult to come by, non-traditional data sources such as mobile phone metadata has the potential to fill data gaps. New research on a cash transfer programme in Togo reveals that mobile phone data enabl...
Published 16.07.25
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What broad lessons have we learned from 115 studies on unconditional cash transfers?
A meta-analysis of 115 studies shows that unconditional cash transfers have positive impacts on a range of key economic and social outcomes, including consumption, income, labour supply, and child health and education. Around 700 million people curre...
Published 16.05.25
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Effective agricultural advice at scale: Evidence from India
Video aids tailored to their context and shown repeatedly can improve outcomes for hard to reach female farmers in India
Published 21.02.24
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Improving mental health as a route out of poverty
Does treating depression, low self-esteem, or low aspirations help poverty reduction?
Published 18.08.23
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Is financial literacy necessary for greater savings? Evidence from Uganda
Financial literacy training increases short-term knowledge and savings, but does not determine long-term financial success
Published 04.08.21
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Implementing poverty-reduction interventions at scale: Challenges and considerations
Programmes aimed at alleviating poverty must be designed in cost-effective ways before they can be used by government as viable public policy at scale
Published 24.03.21
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The cycle of debt among vendors in India and the Philippines
Even when street vendors are freed from debt and educated about the benefits of saving, they go back to borrowing from moneylenders at exorbitant rates
Published 10.06.18