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Author: Jonathan de Quidt
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Jonathan de Quidt
Empirically, labor contracts that financially penalize failure induce higher effort provision than economically identical contracts presented as paying a bonus for success, an effect attributed to loss aversion. This is ...Read more...
3 April 2014
Thiemo Fetzer, Maitreesh Ghatak and Jonathan de Quidt
This paper contrasts individual liability lending with and without groups to joint liability lending. By doing so, we shed light on an apparent shift away from joint liability lending towards individual liability lending...Read more...
16 July 2013
Jonathan de Quidt, Thiemo Fetzer and Maitreesh Ghatak
Motivated by recent controversies surrounding the role of commercial lenders in microfinance, we analyze borrower welfare under different market structures,considering a benevolent non-profit lender, a for-profit monopol...Read more...
1 September 2012