Group Lending With Heterogeneous Types
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This paper proposes and implements a mixture model to account for the unobserved group heterogeneity when modeling repayment behavior in group lending. We discu
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Although microfinance institutions across the world are moving from group lending towards individual lending, this strategic shift is not substantiated by suffi
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I study group lending with joint-liability contracts offered by Microfinance Institutions (MFIs). I develop a model of group lending where heterogeneous agents
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Identifying policies which can improve water sector management is critically important given the global burden of water-related disease. Each year, 1 in 10 chil
