Bruce Wydick
Professor of Economics
University of San Francisco
2130 Fulton Street
San Francisco, CA 94117
(415) 422-5863
wydick@ usfca.edu 

Prospective Graduate Students in International and Development Economics: See our web page with a short documentary on our IDEC Masters program. 

Pacific Conference for Development Economics Update:  UC Davis will host the Spring 2012 Pacific Development (PACDEV) Conference March 17, 2012.  Past conferences have been hosted by UC Berkeley (March 2004), University of San Francisco (March 2005), Santa Clara University (March 2006); UC Davis (March 2007), UC San Diego (March 2008, San Francisco State University (March 2009), University of Southern California (2010), UC Berkeley (2011).  Participating universities: UC Berkeley, Stanford University, Santa Clara University, USF, University of Washington, University of British Columbia, Portland State University, Pomona College, USC, UCLA, UC Davis, UCLA, UC Santa Cruz, UC Riverside, UC San Diego, San Francisco State University, and others. 

Mayan Partners is 501c(3) non-profit organization partnering with Quiche and Tzutuhil communities in the western Guatemalan highlands in the development of schools, water systems, and clinics that have strong local support.

Links to Development Economics Journals

 Classes for Fall 2011:

International Trade—Masters level (Economics 670)

Intermediate Microeconomics—Undergraduate (Economics 311)

Advanced Topics in Economic Development (UC Berkeley, EEP 152)

 

Classes for Spring 2012:

Development Microeconomics—Masters level (Economics 673)

Advanced Applied Econometrics—Masters level (Economics 628)

 

 Curriculum Vitae

 Teaching Curriculum

 Awards and Grants

 Publications and Articles under Review

 Current Working Papers and Projects

 Personal Interests

 

CURRICULUM VITAE

FACULTY POSITIONS:

                   Professor of Economics, University of San Francisco: April 2006 - Present

                   Visiting Professor, University of California at Berkeley: August 2011 – December 2011

Visiting Professor, University of California at Santa Barbara: September 2006 - June 2007

                   Associate Professor and Chair, Department of Economics, USF: May 2002 - May 2005

                   Assistant Professor, Department of Economics, USF: September 1996 - May 2002

EDUCATION:

Ph.D., Economics, University of California at Berkeley, May 1996.  (Advisors: George Akerlof, Pranab Bardhan, Alain de Janvry)

M.S., Agricultural Economics, University of California at Davis, December 1987.

B. S., Agricultural Economics, University of California at Davis, June 1986.
 
 

CURRENT USF TEACHING CURRICULUM:

GRADUATE COURSES: Development Microeconomics, International Trade

UPPER-DIVISION COURSES: Game Theory, Intermediate Microeconomics, International Economics

LOWER-DIVISION COURSES: The Global Economy

AWARDS and GRANTS:

2011 TOMS Shoes Grant for randomized study of TOMS shoe donation program and its impact on children’s health, physical activity, schooling and psychological well-being.  El Salvador, June 2011 – December 2012.  (With Elizabeth Katz, USF and Felipe Gutierrez, M.D. MPH, University of Arizona College of Medicine.)

 

2010 BASIS (USAID/Millennium Challenge Corporation) Grant Awarded for “Do Child Sponsorship Programs Work? International Evidence from a Regression Discontinuity Design” (with Paul Glewwe and Laine Rutledge).

 

2010 USF St. Ignatius Award, given to a full-time faculty member each year for service to the USF community.

 

2007-2008 Jesuit Foundation Grant “Implementing an Encouragement Design Field Experiment Methodology in Chennai, India and Panyebar, Guatemala.”

 

2007 BASIS (USAID) Grant Awarded for Research in Commodity Networks and Fair-Trade Coffee in Latin America (with Alain de Janvry, Elizabeth Sadoulet (UC Berkeley), Craig McIntosh (UC San Diego), Elizabeth Katz (USF), and Tomas Rosada (Universidad Rafael Landivar)).

 

2006 Winner (tie) US Agency for International Development Impact Assessment Contest “Microfinance and Home Improvement: Using Cross-Sectional Surveys to Measure Program Impact on Discrete Events” (with Craig McIntosh and Gonzalo Villaran).  Paper Presentation: World Bank, February 12; USAID, February 13, 2007.

2006-2007 Jesuit Foundation Grant “Social Capital, Group Lending, and Microfinance” sponsoring microfinance experiments in Guatemala, India, and Kenya.

2004 McCarthy Foundation Grant “Fostering Broad-Based Development: The Economics of Institution-Building in Less-Developed Countries.”  Sponsoring the Pacific Conference for Development Economics, USF, March 5, 2005; Graduate Student Travel and Research, summer 2004; and “Games, Institutions, and Economic Development” book project.

2002 BASIS (USAID) Grant Awarded for Research in Rural Credit Markets and Financial Information Systems in Latin America with Alain de Janvry, Elizabeth Sadoulet, and Jill Luoto (UC Berkeley), Craig McIntosh (UC San Diego).  Funded though August 2005.

2000 Co-winner University of San Francisco Distinguished Research Award (with Elliot Neaman, Department of History)

2000 Winner Dudley Seers Memorial Prize, best economics article, Journal of Development Studies.

2000 Pew Charitable Trust Grant for Academic Research (Sponsoring one year of full-time research in Development Microeconomics and Microenterprise Finance, Spring Semester, 2000 and Spring Semester 2001.)
   

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RESEARCH: Applies game-theoretic, empirical, and experimental methods to understanding issues of poverty, development, and social change, with a particular focus on microfinance and development policy in poor countries.

Book: Games in Economic Development (2008).

 

Chapters: 1 Economic Development, Interdependence, and Incentives; 2 Games; 3 Development Traps and Coordination Games; 4 Rural Poverty; Development, and the Environment; 5 Risk, Solidarity Networks, and Reciprocity; 6 Understanding Agrarian Institutions; 7 Savings, Credit, and Microfinance; 8 Social Learning and Technology Adoption; 9 Property Rights, Governance, and Corruption; 10 Conflict, Violence, and Development; 11 Social Capital; 12 The Political Economy of Trade and Development.

Download Sample Chapter.

Browse on amazon.com or Cambridge University Press  website.

 

          

Book in Progress: Diary of a Coffee Bean: A Story of Coffee, Economics, and Globalization

 

Publications and Articles:

Microfinance, Social Capital, and Group Lending

Adverse Selection and Moral Hazard in Joint-Liability Loan Contracts: Evidence from an Artefactual Field Experiment  (with Giorgia Barboni, Alessandra Cassar, and Arturo Rodriguez Trejo), Presented by Barboni at London School of Economics, October 2010.  Revise and Resubmit, Journal of Economics and Management (Forthcoming Special Issue on Field Experiments in Economics and Management, Guest Editor: John List, University of Chicago.)

“Social Networks, Neighborhood Effects and Credit Access” (with Harmony Karp Hayes, San Francisco Foundation and Sarah Hilliker Kempf, University of California at San Francisco).  Presented at the Pacific Conference for Development Economics and at the University of California at Santa Barbara, and the Conference on Microfinance, University of Groningen, the Netherlands. World Development (June 2011), vol. 39, no. 6, pp. 974-82 (Special Symposium on Microfinance).

“Does Social Capital Matter?  Evidence from a Five-Country Group Lending Experiment” (with Alessandra Cassar).  Presented at the Northeast Universities Development Conference (Boston University) November, 2008, University of California and Berkeley Development seminar, February 2008, and at the University of California at Davis Department Seminar January 2008, and Cal Tech May 2008 (by Cassar).  Oxford Economic Papers (October 2010), vol. 62, pp. 715–739.

“The Impact of Microfinance in Rural Nepal: Evidence from an Event Study” (with Ram Rajbanshi), working paper. June 2011.

“The Effect of Social Capital on Group Loan Repayment: Evidence from Field Experiments” (with Alessandra Cassar). Presented by Crowley at the July 2005 Conference on Microfinance in Groningen, the Netherlands. Symposium on the Empirics of Microfinance. Economic Journal (February 2007), vol. 117, no. 517, pp. 85-106.

"Group Lending under Dynamic Incentives as a Borrower Discipline Device" Presented at the U.C. Berkeley Development Economics Seminar, February 2000.  Review of Development Economics (October 2001), vol. 5, pp. 406-20.

"Can Social Cohesion be Harnessed to Repair Market Failures? Evidence from Group Lending in Guatemala" Presented at the U.C. Berkeley Development Economics Seminar, Department of Economics, October 1995, and at job-market seminars.  Economic Journal  (July 1999), vol. 109, pp. 463‑75.

Credit and Financial Markets

“Do Risky Borrowers Really Invest in Risky Projects: A Test from Bolivian Microfinance” (with Alessandra Cassar and Eliana Zeballos, Innovations for Poverty Action).   Presented by Zeballos at the Pacific Conference for Development Economics, March 13, 2010, University of Southern CaliforniaOctober 2011. Under review.

“What Do Credit Bureaus Do? Understanding Screening, Incentive, and Credit Expansion Effects” (with Craig McIntosh, University of California at San Diego). Presented at the 2007 Northeast Universities Development Consortium Conference, Harvard University, October 26-27, the 2008 Pacific Conference for Development Economics, and the University of California at Santa Barbara, May 2007.  January 2011. Under review.

“Credit Information Systems in Less Developed Countries: Recent History and a Test” (with Craig McIntosh, UC San Diego and Jill Luoto, UC Berkeley.)  Economic Development and Cultural Change (January 2007), vol. 55, no. 1, pp. 313-334.

“Competition and Microfinance” (with Craig McIntosh, UC San Diego.)  Presented at Princeton University, December 2002, WEA Meetings in Seattle, July 2002, UC Davis, May 2002, and presented by McIntosh at UC Berkeley. Journal of Development Economics (December 2005), vol. 78, no. 2, pp. 271-298.

"How Efficient are the Emerging African Stock Markets?" (with Magnus Magnusson, Cambridge University.)  Journal of Development Studies (April 2002), vol. 38, no. 4, pp.41-156.

Development Program Impacts

“Does International Child Sponsorship Work? A Six-Country Study of Impacts on Adult Life Outcomes” (with Paul Glewwe and Laine Rutledge), August 2011.  Prepared for presentation at the UC Berkeley Development Seminar, October 4, 2009, Cornell University Conference on Institutions, Behavior, and the Escape from Persistent Poverty, November 16-17, 2009, Stanford University Development Lunch, April 15, 2010, University of Southern California Development Economics Seminar, October 5, 2010, Georgia Institute of Technology, October 15, 2010, USF Economics Seminar, November 4, 2010, ACCORD Faith-based Development Practitioner Conference, Fort Meyers, FL, November 19, 2010, UC Davis departmental seminar in Agricultural and Resource Economics, January 10, 2011, Pacific Conference for Development Economics, March 2011.  Under Review.

 

The Impact of Child Sponsorship on Self-Esteem, Life-Expectations, and Reference Points: Evidence from Kenya (with Phillip Ross, Brown University), working paper, August 2011.

 

“Health and Environmental Effects from the Introduction of High-Technology Wood-Burning Stoves: Evidence from a Field Experiment in Western Guatemala” (with Kent Moriarty and Dan Ludwinski) Environment, Development and Sustainability (August 2011), vol. 13, no. 4, pp. 657–676.

 

“Microfinance and Home Improvement: Using Retrospective Panel Data to Measure Program Effects on Fundamental Events” (with Craig McIntosh and Gonzalo Villaran). Winner, 2006 US Agency for International Development (USAID) Impact Assessment Contest (tie with Dean Karlan and Jonathan Zinman).  Presentation at the World Bank February 2007, the XV International Conference on Banking and Finance, University of Rome (Tor Vergata) December 2006, University of Southern California February 2006, and the Pacific Conference for Development Economics, UC Davis March 2007. World Development (June 2011), vol. 39, no. 6, pp. 922-37 (Special Symposium on Microfinance).

"Microfinance Among the Maya: Tracking the Progress of Credit Program Participants" Development and Change (June 2002), vol. 33, no. 3, pp. 489–509.

"Microenterprise Lending to Female Entrepreneurs: Sacrificing Economic Growth for Poverty Reduction?" (with Michael Kevane, Santa Clara University.) World Development (July 2001), vol. 29, no. 7, pp. 1225-36.

"Access to Credit, Human Capital, and Class Structural Mobility" Presented at the U.C. Berkeley Development Economics Seminar, Department of Economics, March 1994.  Journal of Development Studies (August 1999), vol. 35, no. 6, pp. 131-152.

"The Impact of Credit Access on the Use of Child Labor in Household Enterprises: Evidence from Guatemala" Presented at the U.C. Berkeley Labor Economics Seminar, Department of Economics, November 1995.  Economic Development and Cultural Change (July 1999), vol. 47, no. 4, pp. 853-69.

Applied Game Theory, Group Behavior, and Social Capital

“Keeping the Doctor Away: Experimental Evidence on Investment in Preventative Health Products”  (with Jon Robinson-UC Santa Cruz, Jennifer Meredith-University of Washington, and Sarah Walker-University of Wisconsin) July 2011.  Under Review.

“The Economics of Parenting, Self-Esteem, and Academic Performance: Theory and a Test”  (with Rajeev Darolia, George Washington University), February 2009.  Presented at the University of San Francisco Graduate Seminar by Darolia.  Economica (April 2011), vol. 78, issue 310, pp. 215-239.

“Hypocrisy and Hypocrites: A Game Theoretic Note”  September 2011. Under review, Faith and Economics.

 

“Does New Information Technology Undermine Media Quality? A Note on Commercial Public Goods” (with Man-Lui Lau, University of San Francisco), January 2011.  Under Review.

"Do Race-based Preferences Perpetuate Discrimination Against Marginalized Ethnic Groups?”  Presented at the Bay Area Labor Market Association Conference, Stanford University, the Western Economic Association Meetings, and the University of San FranciscoJournal of Developing Areas (Fall 2008), vol. 42, no. 1, pp. 165-181.

“Grandma was Right: Why Cohabitation Undermines Relational Happiness, But is Increasing Anyway” Appendix with Proofs and Derivations. Kyklos: International Review for Social Sciences (November 2007), vol. 60, no. 4, pp. 617-645.

"Affirmative Action in College Admissions: Examining Labor Market Effects of Four Alternative Policies." Contemporary Economic Policy (January 2002), vol. 20, no. 1, pp. 12-24.  

"Social Norms and the Time Allocation of Women's Labor in Burkina Faso" (with Michael Kevane, Santa Clara University) Appendix with Proofs and Derivations avaiable.  Presented at the U.C. Berkeley Development Economics Seminar by Kevane, October 1998.  Review of Development Economics (February 2001)vol. 5, no. 1, pp. 119–129.

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CURRENT WORKING PAPERS AND PROJECTS IN PROGRESS:

“The Heifer Project: An Impact Evaluation of Animal Donation” (with Christopher Barrett, Cornell University)

 

“Shoeing the Children: An Impact Study on the Effect of Shoes on Children’s Health, Schooling, and Activity” (with Elizabeth Katz, USF and Felipe Gutierrez, University of Arizona)

 

“Measuring Microfinance: Assessing the Impact of Urwego Opportunity Bank in Rwanda” (with Paul Glewwe-University of Minnesota and Julie Schaffner-Tufts University)

 

 

REFEREE FOR PEER-REVIEWED JOURNALS:

American Economic Review, Journal of Political Economy, American Sociological Review, Economic Journal, Oxford Economic Papers, Journal of the European Economic Association, Journal of Development Economics, Economic Development and Cultural Change, World Development, World Bank Economic Review, Journal of Development Studies, Oxford Development Studies, Journal of Economic Growth, Review of Development Economics, Journal of Developing Areas, Journal of African Economies, Economic Inquiry, Journal of Economic Behavior and Organization, Journal of Bioeconomics, Faith and Economics, Eastern Economic Journal, Social Forces, Social Science Quarterly 

 

OP-ED PIECES, MAGAZINE ARTICLES, and BOOK REVIEWS:

“Prophets Against Profits? What Occupy Wall Street Misses” Christianity Today, October 10, 2011

“Adopt Lessons from Sports to Decrease Drug Demand” San Francisco Chronicle, December 20, 2010

“An RSVP to a Tea Party Invitation” PRISM Magazine, November/December 2010

“Microfinance: Where Faith and Works Can Walk Hand in Hand” Urbi et Orbi, Spring 2010

Why Bank Bonuses are Bad and Boring Banks are BetterSan Jose Mercury News, February 16, 2010

“An F in Health Care Economics” Davis Enterprise, December 31, 2009

“Health Care and the Free Market: Never the Twain Shall Meet” San Jose Mercury News, August 23, 2009

“The Economics Behind Disappearing Newspapers” San Francisco Chronicle, April 13, 2009

“Hand-to-hand Combat vs. Hand-Eye Coordination: An Essay on Diversity” Comment Magazine, May 22, 2009

“Where Your Treasure Is” PRISM Magazine, March/April 2009

“Win-win: What Game Theory Can Teach us About Environmentally Sustainable Development” Jetwork, October 2008

“Test Your Economic Meltdown IQ” San Francisco Chronicle, August 24, 2008

“Has the Invisible Hand Let Us Down?” Davis Enterprise, November 23, 2008

“Economic Ideas for Obama” San Jose Mercury News, August 28, 2008

“Sex and Social Justice” PRISM Magazine, September/October 2008

“Microfinance Questions” Davis Enterprise, August 24, 2008

“A Free-Trade Policy for Democrats” San Diego Union-Tribune, April 28, 2008

“Can Microfinance Save the World?”  USF University Lecture, March 24, 2008  

“It’s Time to Start a Food Fight” (Op-Ed on the November 2007 Farm Bill) Davis Enterprise, November 25, 2007

“Holy Mammon: Why Microfinance is Leading the Fight Against Poverty” PRISM Magazine, September/October 2007

“Sunk Costs and the War: What to Do? For Starters Look Ahead” USA Today, August 15, 2007

“More Sunk-Cost Thinking on the War” (Review of USA Today Op-Ed) by Stephen Dubner New York Times Freakonomics Blog, August 20, 2007

Review of Hope in Troubled Times by Bob Goudzwaard, Mark Vander Vennen, and David Van Heemst, PRISM Magazine, July/August 2007

“Globalization and the Poor: Reflections of a Christian Economist” PRISM Magazine, March/April 2007

Review of The Social Economics of Poverty (Christopher Barrett, ed.) New York: Routledge, Faith and Economics, Spring 2006

“A Beautiful Mind, Indeed” Davis Enterprise, 3/31/2002

"The Case for a New Affirmative Action" San Francisco Chronicle, 7/19/2001

 

CONSULTING AND COLLABORATIONS:

Heifer International, Farm Animal Donation Impact Assessment Project, Guatemala & Rwanda, Current

TOMS Shoes, Impact Study of Shoe Donation Program, El Salvador, Current

World Relief, Microfinance Impact Project, Rwanda, Current

Compassion International, Child Sponsorship Impact Project, Current

Opportunity International, Microfinance Impact Studies, 2006-2009

World Bank, Consultant and Reviewer for Microfinance Research Projects, Ongoing
 

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SERVICE TO USF COMMUNITY:

Director, Masters Program in International and Development Economics

Faculty Advisor, InterVarsity Christian Fellowship

International Studies Program Faculty Steering Committee

Faculty Associate, Center for Latino Studies in the Americas

 

NON-ACADEMIC RESEARCH EXPERIENCE:

Assistant Economist (1990-93)
Bank of America, Economics and Policy Research Department World Headquarters, San Francisco, California

Microenterprise Development Practitioner (1988 -1989)
Opportunity International: Dominican Republic, Costa Rica

 

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PERSONAL INTERESTS:

Languages: French (Basic), Spanish (Fluent).

Outdoor activities: biking, surfing, skiing, ultimate Frisbee, following behind my toddler as she explores the wonders of the world.

Music: piano, guitar, drums, songwriting, music production (blues, alternative, gospel)

I also spend time in Christian ministry both as a faculty advisor with InterVarsity Christian Fellowship at USF and also at my home in Berkeley with Berkeley Covenant Church.                                                                  

    

Last Revised: 9/30/2011