microcredits in Uzbekistan. Residents living closer to microfinance institutions are propensity score matched to those further away … using both household and village characteristics. Households located closer to microfinance institutions have larger …

We analyze the relationship between Microfinance Institutions (MFIs) and external donors, with the aim of contributing … to the debate on "mission drift" in microfinance. We assume that both the donor and the MFI are pro-poor, possibly at …

factors shaping the market entry of rural microfinance institutions across time and space. We provide empirical evidence for …

Microfinance contracts have enormous economic and welfare significance. We study, theoretically and empirically, the …

We suggest an explanation for the existence of "mission drift", the tendency for Microfinance Institutions (MFIs) to …

Crowdfunding provides innovation in enabling entrepreneurs to contract with consumers before investment. Under … information threatens this benefit. Despite these threats, popular crowdfunding schemes are able to implement optimal screening … mechanisms. Crowdfunding's after-markets enable consumers to actively implement deferred payments and thereby optimally manage …

Various forms of social learning and network effects are at work on crowdfunding platforms, giving rise to … their common presence on the platform. We finally show that these crowdfunding dynamics stir platform growth, with important …