in Oxford Economic Papers
October 2015; p ublished online July 2015 .
Journal Article. Subjects: Nonprofit Organizations and Public Enterprise; Banking; Economic Development; Market Structure, Firm Strategy, and Market Performance. 9162 words.
I analyse an oligopolistic microcredit market characterized by asymmetric information on the riskiness of borrowers. I study the effects of competition when, due to the absence of credit...