Group lending with correlated project outcomes

Tomek Katzur, Robert Lensink*

*Corresponding author for this work

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. (C) 2012 Elsevier B.V. All rights reserved.

Original languageEnglish
Pages (from-to)445-447
Number of pages3
JournalEconomics Letters
Volume117
Issue number2
DOIs
Publication statusPublished - Nov-2012

Keywords

  • Microfinance
  • Group lending
  • Adverse selection
  • Correlated project outcomes
  • SELECTION

Cite this