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Early lessons from recent financial turmoil.
Rosengren, Eric S.
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Federal Reserve Bank of Boston
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2008
Presented by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, for the South Shore Chamber of Commerce, Quincy, MA, March 6, 2008
Persistent link: https://www.econbiz.de/10010726527
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Moral hazard, peer monitoring, and microcredit: field experimental evidence from Paraguay
Carpenter, Jeffrey
;
Williams, Tyler
-
Federal Reserve Bank of Boston
-
2010
Given the substantial amount of resources currently invested in microcredit programs, it is more important than ever to accurately assess the extent to which peer monitoring by borrowers faced with group liability contracts actually reduces moral hazard. We conduct a field experiment with women...
Persistent link: https://www.econbiz.de/10008465690
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