We evaluate the efficiency of microfinance institutions (MFIs) using a structural approach which also captures these institutions' outreach and sustainability objectives. We estimate economies of scale and input price elasticities for lending-only and deposit-mobilizing MFIs using a large sample...

Scope economies resulting from the joint offering of loans and savings accounts (as opposed to loans only) are customarily invoked to promote the transformation of credit-only microfinance institutions (MFIs) into integrated loans-and-savings entities. To ensure robust inference, we estimate...

The design of tests for discrimination in the credit market is controversial. This paper revisits the issue and pays special attention to double discrimination, which consists in targeting loan applicants who belong simultaneously to two vulnerable groups. Double discrimination may take...