Giving Credit Where it is Due
Published By: BREAD on eSS | Published Date: March, 12 , 2010This 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. They argue that the literature on credit can be a template research in other
domains. [Policy Paper No. 020] URL: [http://ipl.econ.duke.edu/bread/papers/policy/p020.pdf]
Author(s): Esther Duflo, Abhijit V. Banerjee | Posted on: Feb 28, 2011 | Views(1039) | Download (111)