There is debate about measurement of impact and achievement of expected results of rural microfinance programs in LDCs. The paper addresses these issues using survey household data from Bolivia. Regression models examine the determinants of education outcomes for microfinance clients. The...

This paper posits that deforestation and poverty levels are related through an inverted-U shape --the environmental Kuznets-- curve and that access to credit shifts this curve downwards, thus positively impacting natural resource uses. This hypothesis is tested using a household panel data set...

The National Natural Park "Corales del Rosario y San Bernardo", located in the Caribbean Sea, is one of the most important parks in Colombia since it hosts high biological biodiversity, receives more tourists than any other natural park in the country and provides sustenance to several...

Economic Experimental Games (EEG) have challenged the theoretical prediction showing that individuals balance own and collective interests when making decisions that deviate away from suboptimal Nash equilibrium. However, few studies have analyzed whether these deviations from Nash equilibrium...