Courses: Junior Research Seminar: Access to Finance (ECONH374A01)
This seminar examines the determinants of access to finance with particular emphasis on microfinance and small business financing. Reading seminal and recent research articles each week, the primary focus will be on credit. From a theoretical basis, we explore how various lending technologies are responses to problems of asymmetric information. In our examination of microfinance, we consider the theoretical bases for different lending technologies and then examine empirically their ability to explain observations in the field. We also assess empirical evidence on the impacts of microfinance. Turning to small business lending, we examine how banking structures and regulations affect access to finance.
Prerequisites: Econ 203, 300, and 304 (may be concurrent).
Fulfills: SO I
Haverford, Stokes 119