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and limited in supply (as in India), preferences are welfare reducing. The model also shows that unequal treatment of …
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has been employed for the purpose of analysis. It finds that a price subsidy policy to backward agricultural sector is … likely to aggravate the child labour incidence while a credit subsidy to advanced agriculture may be effective in reducing …
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We use multilevel analysis to examine the effect of different types of external funding (donations vs. subsidies) on microfinance institutions' borrower repayment rates. Using information on 947 MFIs over a 10-year period we find that private funding is positively related to MFIs' abilities to...
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