I focus on innovative forms of financing sustainable economic development, from impact investing to agricultural finance. I also study agricultural markets, with a focus on smallholder farmer value chains in East Africa.

Peer-reviewed Publications

Working Papers

Bad News Travel Fast … and Decrease Credit Supply in Peer-to-Peer Lending

Using a new dataset of transactions on a Dutch peer-to-peer lending platform, I investigate the stability of credit supply when investors experience repayment delays. I exploiting a natural experiment, where some investors experience repayment delays in impact investment loans and show that the delays cause affected investors to decrease their credit supply by 206€ on average, resulting in a shortage of credit of almost 400,000€ to borrowers unconnected to the delays. Repayment delays thus have substantial negative externalities on the ability of firms to raise capital through the peer-to-peer lending platform.