Cull, Robert J. (contributor); … - 2008
Grameen’s accounting from the
1990’s, see Morduch 1999.) The adjustments in our data include an inflation adjustment, a … seventh row of Table 3 is an
average interest rate charged by institutions, adjusted for inflation. At the median … for institutions’ age, inflation, country-
level governance, GDP growth, region, and lending method). Figure 4 shows that …