We examine constraints to adoption of new technologies in the context of hillside irrigation schemes in Rwanda. We …

, there is little compelling evidence that Pell Grants and Stafford Loans, the primary federal student aid programs, are … process does little to improve the targeting of both student loans and grants, for both dependent and independent students. We …

buyers of credit protection and disclose using credit derivatives to hedge loans. Banks are more likely to be net protection …'s loan portfolio and negatively or not related to other types of bank loans. The use of credit derivatives by banks is …This paper examines the use of credit derivatives by US bank holding companies from 1999 to 2003 with assets in excess …

affect the design of price and non-price terms of bank loans in almost 60 countries. Our results support the law and finance … view that private contracts reflect differences in legal protection of creditors and the enforcement of contracts. Loans … government corruption by securing loans with collateral and shortening maturity. Our results also suggest that the choice of loan …

banks to affect borrowers' choice of project risk. Unlike corporate bonds, bank loans are typically secured senior debt …

credit loss of 13 basis points, relative to commercial and consumer loans. The RBC rules also contain a significant bias … assets, based almost entirely on a credit risk criterion. The paper provides both a theoretical and empirical framework for … evaluating such standards. A model outlining a pricing methodology for loans subject to default risk is presented. The model …

Standard economic theory says that unsecured, high-interest, short-term debt — such as borrowing via credit cards and … income shock of unemployment. Instead, individuals smooth their credit card debt and overdrafts by adjusting consumption. We … first use detailed longitudinal information on debit and credit card transactions, account balances, and credit lines from a …

getting a loan, but that some spend the loans disproportionately on inessential items. Borrowers exhibit lower decision …