Microcredit, a financial tool providing uncollateralized loans to low-income individuals, has seen a shift from joint-liability (JL) to individual liabil- ity (IL) lending models. This article tests a theory explaining this shift, focusing on borrowers matching into groups exposed to similar...

In this study, we examine the impact of overeducation on wages and wage penalties among 19,000 young men and women aged 18-35 in ten European countries. Using data from the Cultural Pathways to Economic Self-sufficiency and Entrepreneurship (CUPESSE) project and controlling for some endogeneity...

This paper examines the socioeconomic and institutional determinants influencing sustained participation in Agri-Environmental Climate Schemes (AECS), drawing on comprehensive panel data from Slovenian farms covering the period 2014-2021. Using discrete-time hazard models and nonparametric...

The digital divide within the financial sector, closely intertwined with the rapid evolution of financial technologies, commonly known as "FinTech," has fundamentally reshaped the landscape of financial services. These innovations have ushered in novel avenues for accessibility, enhancing the...