Hannah Chung (’27)

This summer, I worked across the World Bank Group on complementary projects in development finance and firm analytics. With the World Bank’s Finance, Competitiveness & Innovation team, I researched market-design mechanisms for allocating development credit to financial intermediaries. I conducted a literature review on central-bank credit auctions and helped build a mathematical model and large-scale simulation of a single-price auction to test allocation efficiency, clearing rates, and compliance under alternative policy rules. Our results informed a draft working-paper section and policy recommendations on auction design, eligibility, and monitoring.

At IFC, I focused on firm-level estimations to guide SME-finance decisions. I cleaned and merged multi-country enterprise datasets, constructed firm panels, and estimated relationships between credit access and firm performance using regression and limited-dependent-variable models. I developed indicators of credit gaps by sector and size and translated findings into concise memos for investment officers. These experiences strengthened my skills in mechanism design, econometrics, and policy translation, and my relevant aspirations for the future.