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Discussion Paper Details

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Title: Giving Credit Where it is Due

Author(s): Abhijit Banerjee and Esther Duflo

Publication Date: March 2010

Keyword(s): credit markets and field experiments

Programme Area(s): Development Economics

Abstract: This paper shows how the productive interplay of theory and experimental work has furthered our understanding of credit markets in developing countries. Descriptive facts motivated a body of theory, which in turned motivated experiments designed to test it. Results from these experiments reveal both the success and the limits of the theory, prompting new work to refine it. We argue that the literature on credit can be a template research in other domains.

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Bibliographic Reference

Banerjee, A and Duflo, E. 2010. 'Giving Credit Where it is Due'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=7754