Abhijit Banerjee & Esther Duflo
Designing financial products that share the commitment features of the microfinance contracts, without the interest that comes with them, could clearly be of great help to many people. A group of researchers teamed up with a bank that works with poor people in the Philippines to design such a product, a new kind of account … Continue reading Abhijit Banerjee & Esther Duflo
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