microfinance borrowers. The paper posits that social capital - social relations that facilitate individual action – is essential …

Few microfinance-funded businesses grow beyond subsistence entrepreneurship. This paper considers one possible … explanation: that the structure of existing microfinance contracts may discourage risky but high-expected return investments. To … microfinance institution in India. The experiments confirm the theoretical predictions that joint liability creates two …

This paper analyzes the theoretical underpinnings of high-frequency repayment, a feature in nearly all microfinance …

shed light on an apparent shift away from joint liability lending towards individual liability lending by some microfinance …

Motivated by recent controversies surrounding the role of commercial lenders in microfinance, we analyze borrower …

This paper investigates possible explanations for the increases in inequality observed in Brazil during the 1980s …

between union instability and fertility in Brazil which has been long understudied. Using the example of Brazil it … fertility in Brazil using multiprocess event history analysis techniques as developed by Lillard (1993). This type of …

, where violence is endemic. Our estimates imply that homicides in Brazil are responsible for at least 0.5 percent of the …

compare the performance of organisational forms (M-form and U-form) in implementing changes such as innovation and reform. In … more innovation and reform. The theory is illustrated by the organisational differences between China and the former Soviet …