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This paper shows how the productive interplay of theory and experimental work has furthered our understanding of credit markets in developing countries. Descriptive facts motivated a body of theory, which in turned motivated experiments designed to test it. Results from these experiments reveal both the success and the limits of the theory, prompting new work to refine it. We argue that the literature on credit can be a template research in other domains. Keywords: Credit Markets, Field Experiments. JEL Classifications: O16, C93.
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Subjects
Interest rates, LoansPlaces
Developing countriesEdition | Availability |
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1
Giving credit where it is due
2010, Massachusetts Institute of Technology, Dept. of Economics
in English
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Book Details
Edition Notes
"March 12, 2010."
Includes bibliographical references (p. 21-25).
Abstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.
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- Created May 13, 2011
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October 5, 2023 | Edited by Tom Morris | merge authors |
May 13, 2011 | Edited by ImportBot | Added new cover |
May 13, 2011 | Created by ImportBot | Imported from Internet Archive item record |