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Hi! I am an Associate Professor at the Oslo Business School, Oslo Metropolitan University (OsloMet). My research focuses on development economics. Prior to joining OsloMet, I obtained a PhD in Economics from the University of California, Berkeley.

  fenella [dot] carpena [at] oslomet [dot] no

Curriculum Vitae Google Scholar



The ABCs of Financial Literacy: Experimental Evidence on Attitudes, Behavior, and Cognitive Biases, Management Science (with Shawn Cole, Jeremy Shapiro, and Bilal Zia). 2017.

A subset of the analysis in this paper was previously circulated as Unpacking the Causal Chain of Financial Literacy, World Bank Policy Research Working Paper No. 5798. 2011.

Revealing Demand for Pro-Poor Innovations, USAID White Paper (with Guillaume Kroll, Ishita Ghosh, Emmanuel Letouze, Javier Rosa, and Prithi Trivedi). 2014.

Liability Structure in Small-scale Finance: Evidence from a Natural ExperimentWorld Bank Economic Review (with Shawn Cole, Jeremy Shapiro, and Bilal Zia). 2013.

“Microfinance for Entrepreneurs,” in The Oxford Handbook of Entrepreneurial Finance (with Miriam Bruhn and Bilal Zia). 2012.


Working Papers

How Do Droughts Impact Household Food Consumption and Nutritional Intake? A Study of Rural India.  2019. (revised and resubmitted to World Development)

Age of Marriage and Women’s Political Engagement: Evidence from India (with Francesca R. Jensenius). 2019.

The Causal Mechanism of Financial Education: Evidence from Mediation Analysis (with Bilal Zia). 2018.

The Adverse Effects of Electrification: Evidence from India. 2017.