Erica Field

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Erica M. Field
Born (1974-02-12) February 12, 1974 (age 49)
Alma mater Vassar College, Princeton University
Awards Elaine Bennett Research Prize, 2010
Scientific career
FieldsEconomics
Institutions Hoover Institution, Institute for Advanced Study, Harvard University, Duke University
Doctoral advisors Henry Farber
Anne Case
Website https://sites.duke.edu/ericafield/

Erica Marie Field (born February 12, 1974) is an economist who currently works as Professor of Economics and Global Health at Duke University. [1] Her research interests include development economics, labour economics, and health economics. [2] In 2010, her research was awarded the Elaine Bennett Research Prize. [3]

Contents

Biography

Erica Field earned a BA in Economics and Latin American Studies from Vassar College in 1996. As a Fulbright scholar, she then studied the impact of government programs in Peru on that country's labor force, before returning to school at Princeton University, where she completed her PhD in 2003 with a thesis on the impact of land-title reform on labor supply in Peru. [4] After her graduation and a term as post-doctoral fellow as RWJ Scholar in Health Policy at Harvard University, she remained as assistant professor of economics (2005–09), being later promoted to John L. Loeb Associate Professor of Social Sciences (2010–11). In 2011, Field moved to Duke University as associate professor of Economics and Global Health before becoming a full professor in 2015. In parallel, she has held visiting appointments at the Center for Health and Wellbeing and at the Institute for Advanced Study. She also maintains affiliations as a fellow with the National Bureau of Economic Research (NBER) and the Bureau for Research in Economic Analysis of Development (BREAD) as well as with the Abdul Latif Jameel Poverty Action Lab (J-PAL). Moreover, she performs editorial duties for the academic journals Economic Development and Cultural Change , Review of Economics and Statistics , and Journal of Development Economics . Finally, she has worked as a consultant for USAID, World Bank, Asian Development Bank, and the Millennium Challenge Corporation, among others. [5]

Research

Erica Field's research focuses on development economics, labour economics, economic demography, and health. [6] Her research has been acknowledged through several awards, including the Albert Rees Prize for Outstanding PhD Dissertation in Labor Economics, [7] an Alfred P. Sloan Fellowship and the Elaine Bennett Research Prize. [8]

A substantial body of Field's research concerns the effects of property rights. In Peru, she finds the issuance of property titles to urban squatters to increase the rate of housing renovation by over two-thirds, with most of the investment being financed through savings. [9] Similarly, she finds stronger property rights in Peru to also induce strong increases in working hours, shifts from home-based work to external work, and substitution of child labour by adult labour. [10] Moreover, in work with Maximo Torero, she finds that private sector banks fail to increase their rate of loan approval for individuals with property titles, even though they are on average offered lower interest rates; by contrast, possessing a property title raises approval rates for public sector loans by up to 12%, especially if the title is requested. [11]

Another important of Field's research, within which she frequently collaborates with Rohini Pande, revolves around microfinance and entrepreneurship in India. Investigating the relationship between repayment frequency and default on microfinance loans, they find that the repayment schedule, e.g. how often repayments are made, doesn't affect borrowers' default or delinquency, suggesting that more flexible repayment schedules may lower transaction costs without increasing default. [12] In work with Seema Jayachandran, they also find evidence that patriarchic gender norms in India constrain female entrepreneurship, with Muslim women (the sociocultural group with the most restrictions) being unable to benefit from business training. [13] Moreover, together with Benjamin Feigenberg, Field and Pande observe strong economic returns to social interaction, as the frequency of meetings between repayment group members – but not the frequency of repayments – increases their willingness to pool risks and reduces their default rates. [14] [15] Finally, along with John Papp and Natalia Rigol, Field and Pande find that delaying the beginning of the repayment schedule for microloans raises short-run business investment and long-run profits but also raises default rates, suggesting that credits with early repayment discourage investment into illiquid yet high-return business opportunities and may thus stifle microenterprise growth. [16]

Other topics of Field's research include the impacts of early marriage and iodine deficiency on schooling attainment, the relationship between educational debt burden and career choice as well as between household bargaining and excess fertility, and the effects of providing health insurance to the informal sector. In work with Attila Ambrus, she finds that each additional year by which marriage is delayed among Bangladeshi women is associated with 0.22 additional years of schooling, a 5.6% higher likelihood to be literate, and that delayed marriage is generally associated with a higher use of preventive health services. [17] Together with Omar Robles and Maximo Torero, Field estimates that giving pregnant women strong iodine supplements increases the schooling by 0.35–0.56 years relative to their siblings and older and younger peers, with the effect being particularly large for girls. [18] In an experiment at NYU Law School, Field finds that offering students a debt-free education doubles law school enrollment rates and substantially biases students towards public interest law. [19] In Zambia, together with Nava Ashraf and Jean Lee, Field finds that women who are given concealable contraceptives in the presence of their husbands are 19% less likely to seek family planning services, 25% less likely to use the contraceptives, and 17% more likely to give birth. [20]

Related Research Articles

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<span class="mw-page-title-main">Field experiment</span>

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<span class="mw-page-title-main">Joshua Angrist</span> Israeli American economist

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<span class="mw-page-title-main">Innovations for Poverty Action</span>

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Rohini Pande is an economist who is currently the Henry J. Heinz II Professor of Economics and Director of the Economic Growth Center at Yale University. She was previously the Rafik Hariri Professor of International Political Economy and Mohammed Kamal Professor of Public Policy at Harvard Kennedy School. Pande was the Co-Director of Center for International Development at Harvard University's Evidence for Policy Design research program (EPoD) and serves on the board of directors of the Abdul Latif Jameel Poverty Action Lab, MIT. She also serves on the board of the Bureau for Research and Economic Analysis of Development (BREAD), the Committee on the Status of Women in the Economic Profession (CSWEP) and as a co-editor of the American Economic Association's (AEA) journal American Economic Review: Insights. She is a Faculty Research Associate at NBER, CEPR and the IFPRI. Her research focuses on the economic analysis of the politics and consequences of different forms of redistribution, principally in developing countries. Her outstanding and empirical findings in fields of governance and accountability, women’s empowerment, role of credit in poverty, the economic aspects of the environment and the potential of policy design in these areas, won her the Infosys Prize 2022 in Social Sciences.

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Update: Village Financial Services Ltd is now renamed to VFS Capital Ltd.

References

  1. ↑ "Faculty profile of Erica Field on the website of Duke University. Retrieved April 18th, 2018". Archived from the original on February 21, 2018. Retrieved April 18, 2018.
  2. ↑ Personal website of Erica Field. Retrieved April 18th, 2018.
  3. ↑ American Economic Association (2010). Erica M. Field Recipient of the 2010 Elaine Bennett Research Prize. Retrieved April 18th, 2018.
  4. ↑ College, Wheaton. "Erica Field | Wheaton". www.wheaton.edu. Archived from the original on February 7, 2017. Retrieved February 6, 2017.
  5. ↑ Curriculum vitae of Erica Field from her personal webpage. Retrieved April 18th, 2018.
  6. ↑ "Faculty profile of Erica Field on the website of Duke University. Retrieved April 18th, 2018". Archived from the original on February 21, 2018. Retrieved April 18, 2018.
  7. ↑ List of Albert Rees Prize winners. Retrieved April 18th, 2018.
  8. ↑ American Economic Association (2010). Erica M. Field Recipient of the 2010 Elaine Bennett Research Prize. Retrieved April 18th, 2018.
  9. ↑ Field, E. (2005). Property rights and investment in urban slums. Journal of the European Economic Association, 3(2–3), pp. 279–290.
  10. ↑ Field, E. (2007). Entitled to work: Urban poverty rights and labor supply in Peru. Quarterly Journal of Economics, 122(4), pp. 1561–1602.
  11. ↑ Field, E., Torero, M. (2006). Do property titles increase credit access among the urban poor? Evidence from a nationwide titling program. Cambridge, MA: Harvard University Press.
  12. ↑ Field, E., Pande, R. (2008). Repayment frequency and default in microfinance: evidence from India. Journal of the European Economic Association, 6(2–3), pp. 501–509.
  13. ↑ Field, E., Jayachandran, S., Pande, R. (2010). Do traditional institutions constrain female entrepreneurship? A field experiment on business training in India. American Economic Review, 100(2), pp. 125–129.
  14. ↑ Feigenberg, B., Field, E., Pande, R. (2013). The economic returns to social interaction: Experimental evidence from microfinance. Review of Economic Studies, 80(4), pp. 1459–1483.
  15. ↑ Feigenberg, B., Field, E., Pande, R. (2010). Building social capital through microfinance. NBER Working Paper Series, No. 16018.
  16. ↑ Field, E. et al. (2013). Does the classic microfinance model discourage entrepreneurship among the poor? Experimental evidence from India. American Economic Review, 103(6), pp. 2196–2226.
  17. ↑ Field, E., Ambrus, A. (2008). Early marriage, age of menarche, and female schooling attainment in Bangladesh. Journal of Political Economy, 116(5), pp. 881–930.
  18. ↑ Field, E., Robles, O., Torero, M. (2009). Iodine deficiency and schooling attainment in Tanzania. American Economic Journal: Applied Economics, 1(4), pp. 140–169.
  19. ↑ Field, E. (2009). Educational debt burden and career choice: Evidence from a financial aid experiment at NYU Law School. American Economic Journal: Applied Economics, 1(1), pp. 1–21.
  20. ↑ Ashraf, N., Field, E., Lee, J. (2014). Household bargaining and excess fertility: an experimental study in Zambia. American Economic Review, 104(7), pp. 2210–2237.
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