Title: Loan Officers Impede Graduation from Microcredit: Strategic Communication in a Large Microfinance Institution (coauthored with Natalia Rigol) Abstract: Graduating borrowers from microcredit to larger loans represents an important opportunity for increasing livelihoods. We demonstrate that loan officers impede borrower graduation due to common features of their compensation. We implement an experiment with 243 loan officers […]
Jeff Ely, Northwestern (Micro Theory Seminar)