Explanations for sources of inefficiency in credit markets

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How does the experiment by Dean Karlan and Jonathan Zinman (also discussed in Banerjee and Duflo 2010) among clients of a financial institution in South Africa allow them to test possible explanations for the sources of inefficiency in credit markets? [Hint: Explain the design of the research experiment and comparisons made across groups.]

Reference no: EM131072307

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