The Welfare Benefits of Pay-As-You-Go Financing
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https://www.nber.org/papers/w33484
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资源简介：
Pay-as-you-go (PAYGo) financing is a novel contract that has recently become a popular form of credit, especially in low- and middle-income countries (LMICs). PAYGo financing relies on lockout technology that enables the lender to remotely disable the flow benefits of collateral when the borrower
提供机构：
美国国家经济研究局
创建时间：
2025-02-01
