MARC record from Internet Archive

LEADER: 02511nam 2200361Ka 450
001 001137450
004 001137450
005 20030228093019.0
008 030227e200109 maua rbt 000 0 eng d
035 $a(OCoLC)51759461
040 $aMYG$cMYG
090 $aHB31.M415 no.02-17
100 1 $aBanerjee, Abhijit V.
245 10 $aContracting constraints, credit markets and economic development /$cby Abhijit Banerjee.
260 $aCambridge, MA :$bMassachusetts Institute of Technology, Dept. of Economics,$c[2001]
300 $a55, [2] p. :$bill. ;$c28 cm.
490 1 $aWorking paper series / Massachusetts Institute of Technology, Dept. of Economics ;$vworking paper 02-17
500 $a"September 2001."
504 $aIncludes bibliographical references (p. 47-55).
520 3 $aThis paper begins by summarizing the micro-evidence on credit markets from a large number of studies from all over the world, with the goal of identifying a number of stylized facts. We argue that, in particular, the evidence strongly suggests that for poor people in developing countries, imperfections in the credit market are quantitatively very important. We then build a simple model that explains the observed patterns, based on the idea that monitoring and screening borrowers have both fixed and variable costs. We go on to build a simple dynamic model that allows us to understand what the observations about the credit market imply for the evolution of the wealth distribution. Keywords: Credit Markets; Distribution; Growth. JEL Classification: O12, D82, D31.
530 $aAbstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.
710 2 $aMassachusetts Institute of Technology.$bDept. of Economics.
830 0 $aWorking paper (Massachusetts Institute of Technology. Dept. of Economics) ;$vno. 02-17.
856 41 $uhttp://ssrn.com/abstract=306990$zTo download paper, go to the bottom of the abstract page and choose a download option.
852 0 $bARC$cNOLN2$hHB31.M415 no.02-17$4Institute Archives$5Noncirculating Collection 2
852 0 $bDEW$cSTACK$hHB31.M415 no.02-17$4Dewey Library$5Stacks
852 8 $bNET$zInternet Access$h**See URL(s)$4Internet Resource
049 $aMYGG
910 $arch030227.
949 0 $av$bARC$cNOLN2$o0$p39080025276160$x02$hHB31.M415 no.02-17
949 0 $4IP$ad$bDEW$cSTACK$o0$p39080022462391$x01$hHB31.M415 no.02-17
949 1 $1Internet Access$an$bNET$h**See URL(s)$o8$x02
994 $a02$bMYG