Browsing Working Papers by Author "Lahkar, Ratul"
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Does Competition in the Microfinance Industry Necessarily Mean Over-borrowing?
Lahkar, Ratul; Pingali, Viswanath; Sadhu, Santadarshan (2013-11-21)In this paper we test the hypothesis of whether the presence of increasing number of microfinance institutions leads to over-borrowing. Some recent theoretical literature suggests that, in a joint liability setting, ... -
Entry of Profit-Motivated Microfinance Institutions and Borrower Welfare
Pingali, Viswanath; Lahkar, Ratul (2013-11-22)In this paper, we model welfare implications of entry of commercial micro nance institutions (MFIs). We initially characterize equilibrium with a sole fund-constrained benevolent credit institution followed by equilibrium ...