We thank Lori Beaman, Federico Bugni, Ivan Canay, Joel Horowitz, and participants at Northwestern University Development Lunch for insightful comments. We thank Ejin Kim, Caleb Kwon, and Harneet Singh for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
Susan Athey
Susan Athey is the founding faculty director of the Stanford GSB Golub Capital Social Impact Lab, which also supports her research.