microfinance in emerging markets. Microfinance has been hotly debated by ever-colliding camps of ardent supporters, who believe … that microfinance addresses credit market failures and provides a durable answer to the problem of the poverty, and staunch … critics, who argue that lending by microfinance institutions is wasteful, and the interest rates are too high. To bring …

A structural analysis of credit contract theory -- The treatment of credit contract theory in the literature -- A … standardisation of credit contract theory -- Joint liability and its potential to cause adverse selection instead of resolving it … restructuring and modularisation of the field of lending theory. On a formal level he bestows great care on providing precise …

Do constraints to technology adoption vary by behavioral traits? We randomize 150 villages in Bangladesh into being …