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The Macroeconomics of Microfinance

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NBER2012-03-01 更新2025-01-04 收录
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We provide a quantitative evaluation of the aggregate and distributional impact of microfinance or credit programs targeted toward small businesses. We find that the redistributive impact of microfinance is stronger in general equilibrium than in partial equilibrium, but the impact on aggregate

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2012-03-01
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