Using numerical approximations of infinite-horizon, dynamic, stochastic models of farm-household behavior, we investigate the influence of several dimensions of financial development in overcoming poverty traps, through the sustained adoption of advanced production technologies. We explore...

Microfinance Institutions (MFIs) provide financial services to the poor and resemble banks and non-profits. Many target women because more women than men are poor, especially in rural areas. Studies show that women manage money differently from men and have different leadership styles. In credit...

Fintech is transforming financial markets in both developed and developing countries by opening up opportunities for people with limited access to traditional financial services. While some researchers are pessimistic about Fintech, others have likened its potential impact to that of the...

"This timely Handbook collates a range of evidence from top scholars in the field to help readers understand who microfinance reaches, how it helps, and why clients come back. It offers updated views on important concepts that enable a broader framework for understanding poverty and the...