Adeline Delavande, Xavier Giné, and David McKenzie have a new paper in the Journal of Applied Econometrics on the elicitation of subjective expectations during fieldwork:
Published January 14, 2011
Marc F. Bellemare Posts
Published January 14, 2011
Microfinance: “The Poor Deserve Financial Services”
Given the popularity of last week’s posts on microfinance (see here and here), I continue blogging about the topic this week and the next.
This week, however, I am blogging about microfinance as seen from within the industry. As such, I am blogging the five-point response a friend of my wife’s and mine — whom I refer to by the pseudonym “Chad” — has made to my previous two posts.
Chad works for a microfinance private equity firm and used to work for a leading online microfinance website. He has studied in the very best universities for both his undergraduate and subsequent professional degrees. More importantly, Chad has traveled extensively to the field to meet with stakeholders along the microfinance supply chain. See here and here for his first two points.
Chad’s third point was: