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HomeMIT 14.771 Development Economics, Fall 2021Lecture 24: Credit (Part 1)
Lecture 24: Credit (Part 1)
1:14:54
Description: Presents stylized facts about credit markets in developing countries, introduces simple models of moral hazard and adverse selection to illustrate how frictions might occur, and discusses Karlan and Zinman (2009).
Session 24 lecture slides: Credit (Part 1) (PDF)
Instructor: Ben Olken