Showing 1 - 10 of 312
Persistent link: https://www.econbiz.de/10014251711
of inequality and show that an increase in inequality enhances efficiency and that it is possible to achieve complete … efficiency. Third, we focus on the case where the individual creative capital units are perfect complements and show that the …
Persistent link: https://www.econbiz.de/10012985391
of inequality and show that an increase in inequality enhances efficiency and that it is possible to achieve complete … efficiency. Third, we focus on the case where the individual creative capital units are perfect complements and show that the …
Persistent link: https://www.econbiz.de/10012986624
Persistent link: https://www.econbiz.de/10012491420
We analyze a market for microfinance in a region of a developing nation in which all projects are either of high or low quality. There is adverse selection because only borrowers know whether their project is of high or low quality but the microfinance institutions (MFIs) do not. The MFIs are...
Persistent link: https://www.econbiz.de/10014203528
Persistent link: https://www.econbiz.de/10000797681
Persistent link: https://www.econbiz.de/10003765731
Persistent link: https://www.econbiz.de/10003075237
Persistent link: https://www.econbiz.de/10002116689
Persistent link: https://www.econbiz.de/10003849606