By Bindu Ananth, Dean Karlan, and Sendhil Mullainathan, presented at World Bank’s conference on Access to Finance, March 15-16, 2007, Washington D.C. Available to download here
In this paper the authors wonder how microfinance clients manage their cash. They ask what drives and constrains their behaviour and if there are any underlying patterns to the choices they make. From observations in the field they focus on three anomalies they have found in this behaviour which they consider inconsistent with much “received wisdom.”
Continue reading “Paper Wrap-Up: “Microentrepreneurs and Their Money: Three Anomalies””
Similar Posts:
- MICROCAPITAL BRIEF: Papara of Turkiye Acquires Rebellion Pay Mobile Money Service from Beka Finance of Spain in Cash, Equity Deal
- MICROFINANCE PAPER WRAP-UP: “Gendered Investment Differences Among Smallholder Farmers: Evidence from a Microcredit Programme in Western Kenya,” by Keiji Jindo et al
- MICROFINANCE PAPER WRAP-UP: “2023 Microfinance Index Report,” Published by 60 Decibels
- MICROFINANCE PAPER WRAP-UP: “Driving Digital Financial Services in Africa Through Merchant Acceptance of Digital Payments,” published by Alliance for Financial Inclusion (AFI)
- MICROFINANCE PAPER WRAP-UP: “Mobile Money, Interoperability and Financial Inclusion;” by Markus K Brunnermeier et al; published by National Bureau of Economic Research (NBER)