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Can Warm Glow Alleviate Credit Market Failures? Evidence from Online Peer-to-Peer Lenders
Chemin, Matthieu; Laat, Joost de - Centre Interuniversitaire sur le Risque, les Politiques … - 2009
This paper looks at an institutional innovation in which Western investors lend peer-to-peer to poor country enterprises. Using a unique dataset from an online lending platform called MyC4, we find that MyC4’s Western lenders grant lower interest rates to pro-poor, socially responsible (SR),...
Persistent link: https://www.econbiz.de/10008528554
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The Global Fight against Child Trafficking: How Can It Be Won ?
Dessy, Sylvain; Orset, Caroline; Kana, Legrand Yémélé - Centre Interuniversitaire sur le Risque, les Politiques … - 2012
demand and supply of trafficked children are transboundary in scope, international cooperation may be necessary to mitigate … cross-country externalities. We show that specialization is the main feature of international cooperation. We also show that …
Persistent link: https://www.econbiz.de/10010535501