Essays in microfinance : theory and evidence on sequential lending
The dissertation explores mechanisms by which a lender can use timings of loans to engender peer monitoring and increase lending efficiency, when lending to a group of jointly liable impoverished individuals. We show that by disbursing the loans in a sequence (restricting the number of loans per per...
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London School of Economics and Political Science (University of London)
2007
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.439101 |