Saving for a (not so) Rainy Day: A Randomized Evaluation of Savings Groups in Mali
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High transaction and contracting costs are often thought to create credit and savings market failures in developing countries. The microfinance movement grew largely out of business process innovations and subsidies that reduced these costs. We examine an alternative approach, one that infuses no
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美国国家经济研究局创建时间:
2014-10-01



