Giving Credit Where It Is Due
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Banerjee_Giving credit.pdf
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Author(s) •
Banerjee, Abhijit
Duflo, Esther
Date Issued
June 2010
Journal
Journal of Economic Perspectives
Publisher
American Economic Association
Citation
Banerjee, Abhijit V., and Esther Duflo. 2010. "Giving Credit Where It Is Due." Journal of Economic Perspectives, 24(3): 61–80.
Version
Author's final manuscript
Abstract
This paper shows how the productive interplay of theory and experimental work has
furthered our understanding of credit markets in developing countries. Descriptive facts motivated
a body of theory, which in turned motivated experiments designed to test it. Results
from these experiments reveal both the success and the limits of the theory, prompting new
work to refine it. We argue that the literature on credit can be a template research in other
domains.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Creative Commons Attribution-Noncommercial-Share Alike 3.0
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DOI of Published Version
https://doi.org/10.1257/jep.24.3.61