This paper presents an application to Ecuador of a computable general equilibrium model with a financial component, following the lead of F. Bourguignon, W. Branson and J. de Melo. Their macro-micro model was introduced in Technical Paper No.1 "Macroeconomic Adjustment and Income Distribution. A...

This article concerns the use of village intermediaries to mitigate asymmetric information problems in rural credit delivery. We consider an example from Senegal and examine the intermediaries' screening of loan applicants. The results show that, when the intermediaries expected to incur a...