Joint Liability Lending Contracts with Correlated Project Returns

T. Katzur, B.W. Lensink

Research output: Contribution to journalArticleAcademicpeer-review

5 Citations (Scopus)

Abstract

This paper shows that positive correlation between project outcomes may improve the efficiency of microfinance group lending contracts.
Original languageEnglish
Pages (from-to)445-447
JournalEconomics Letters
Volume117
Issue number2
DOIs
Publication statusPublished - 2012

Keywords

  • selection

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