Beck, Thorsten; Uras, Burak R.; Pamuk, H.; Ramrattan, R. - Tilburg University, Center for Economic Research - 2015
use of mobile money as a method to pay suppliers and access to trade credit. We develop a dynamic general equilibrium … model with heterogeneous entrepreneurs, imperfect credit markets and the risk of theft to account for this empirical pattern … transaction costs. The interaction between risk of theft and limited access to trade credit generates demand for mobile money as a …