We study the benefits and costs of collateral requirements in bank lending markets with
asymmetric information. We estimate a structural model of firms' credit demand for secured …

Effective Credit risk management enhances financial performance of Microfinance banks. A
sound Microfinance banking subsector is vital for economic development as the sector …

Multiple borrowing—when borrower obtains overlapping loans from multiple lenders—is a
common phenomenon in many credit markets. We build a tractable, dynamic model of …

Global financial crisis and colossal sovereign debt has resulted in the need for radical cuts
in public expenditure in many countries. Against this background, the contributions in Third …

This research focuses on the contribution that access to credit via microfinance has on the
health status of the poor. Using self-reported indicators of health status and an intertemporal …

Abstract Information asymmetries and enforcement problems often limit banks' entry in
opaque, low-income markets. Using granular credit registry data, we study a “failed” entry of …

Information asymmetries and enforcement problems often limit commercial lenders' entry
into low-income markets. Using detailed credit registry data with more than 32 million bank …

Microfinance programs have increased across the globe to help reduce poverty through
access to small-scale capital. The spread has often dovetailed with structural adjustment …

Does being a migrant in a developing country cause an individual to receive less access to
credit? Migrant status can be a useful signal for lenders in settings with weak contract …

O presente trabalho tem por objetivo apresentar algumas questões relevantes sobre a
implementação de políticas públicas focalizadas, argumentando que estas podem tem um …