Research Economist


Veronica Frisancho


Verónica Frisancho is a research economist in the Research Department. She received her Ph.D. in Economics from Pennsylvania State University in 2012, and she holds a bachelor’s degree in Economics from the Universidad del Pacífico in Lima, Peru.

Before pursuing her doctoral studies, Verónica worked at GRADE, a prestigious think tank in Peru, for almost six years. She also has several years of teaching experience in Peru and in the United States. She has taught Intermediate Macroeconomic Analysis and Introductory and Intermediate Microeconomics, as well as Growth and Development and Advanced International Trade Theory and Policy.

Verónica’s work can best be described as applied microeconomics, and her main fields of specialization are Development and Labor Economics. Her research in these areas includes an emphasis on education, labor markets in developing countries, and microfinance. She is currently working on a series of articles on microfinance and on academic performance and learning. She has published in the Population Research and Policy Review and in The B.E. Journal of Economic Analysis & Policy, and currently has several articles under review.

Verónica is an active member of the Royal Economics Society. She has been a referee for the Journal of International Economics and The B.E. Journal of Economic Analysis & Policy.


Working Papers

The Impact of School-Based Financial Education on High School Students and Their Teachers: Experimental Evidence from Peru

Better Luck Next Time: Learning through Retaking (with Kala Krishna and Cemile Yavas)

Affirmative Action in Higher Education in India: Targeting, Catch Up, and Mismatch (with Kala Krishna)

Employment Protection Legislation in India and its Effects on Productivity in the Organized Manufacturing Sector (with Sean Dougherty and Kala Krishna)

Business Training for Microfinance Clients: How it Matters and for Whom? (with Dean Karlan and Martin Valdivia). Poverty and Economic Policy Research Network Working Paper No. PMMA-2008-11, Working Paper Series.

Retaking in High Stakes Exams: Is Less More?”, with Kala Krishna and Sergey Lychagin, submitted.

Learning About Oneself: The Effects of Signaling Academic Ability on School Choice”, with Matteo Bobba, submitted.

“Preventing Gender Biased Violence among Microfinance Clients in Peru”, with Jorge Agüero.

Misreporting in Sensitive Health Behaviors and Its Impact on Treatment Effects: An Application to Intimate Partner Violence”, with Jorge Agüero.

“Ability Peer Effects, Academic Achievement, and Student Behavior in Secondary Schools”, with Matias Busso.

“The Effect of Programmed Saving Products in the Dominican Republic”, with Dean Karlan, Martin

Valdivia, and Sendhil Mullainathan.

“Financial Profiles of the Base of the Pyramid in LAC: The case of Peru, Mexico, and Brazil”, with Jonathan Karver.

“Financial Education for the Youth: The Impact on Peruvian Secondary Students”

“Coverage in Secondary Schooling: What works?”


Better Luck Next Time: Learning through Retaking ” with Kala Krishna, Sergey Lychagin, and Cemile Yavas, Journal of Economic Behavior and Organization, Vol. 125: 120-135, 2016.

Affirmative Action in Higher Education in India: Targeting, Catch Up, and Mismatch at IIT Delhi ” with Kala Krishna, Higher Education, Vol. 71(5): 611-649, 2016.

State-Level Labor Reform and Firm-Level Productivity in India ” with Sean Dougherty and Kala Krishna, India Policy Forum (2013-2014), Vol. 10.

Signaling Creditworthiness in Peruvian Microfinance Markets: The Role of Information Sharing ”, The B.E. Journal of Economic Analysis & Policy, Vol. 12(1) (Advances), Article 44, 2012.

International Migration and the Education of Children: Evidence from Lima, Peru ” with R. S. Oropesa, Population Research and Policy Review, Vol. 30(4): 591-618, 2011.

“Retaking in High Stakes Exams: Is Less More?”, with Kala Krishna and Sergey Lychagin, International Economic Review. (Forthcoming)