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Publications of Kim Fe Cramer

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Discussion Papers

Shadow Banks on the Rise: Evidence Across Market Segments

This paper uses credit bureau data on 648 million retail loans in India to examine the comparative advantages of shadow banks across market segments...

September 2025
DP 934
Kim Fe Cramer
Pulak Ghosh
Nirupama Kulkarni
Nishant Vats

Discussion Papers

When Private Firms Provide Public Goods: The Allocation of CSR Spending

This paper studies how firms allocate their Corporate Social Responsibility (CSR) expenditures to inform the welfare effects of corporate...

May 2025
DP 927
Kim Fe Cramer
Lucie Gadenne
Noémie Pinardon-Touati

Opinion Pieces

The role of finance in improving household health

Increased access to financial services after the expansion of banks in India improved household health outcomes.

June 2023
Kim Fe Cramer

Discussion Papers

Bank Presence and Health

This paper demonstrates that increasing bank presence in underserved areas can substantially improve households’ health. I apply a regression...

April 2023
DP 872
Kim Fe Cramer

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Creditor-on-Creditor Violence and Secured Debt Dynamics

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A Preferred-Habitat Model of Term Premia, Exchange Rates, an ...

Behind the Corporate Veil: How Business Groups Arbitrage ESG ...

Of AI bubbles and crashes

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