Digital Finance

1) Financial sustainability vs. financing the poor

2) Individual microcredit and social pressure

3) Discrimination and gender issues in microfinance

4) Mobile microfinance

5) Mobile banking

6) Impact of microfinance

Present a few key issues in microfinance.

Lectures

References, bibliography, and recommended reading

• McIntosh, C. and B. Wydick (2005), “Competition and Microfinance,” Journal of Development Economics 78(2): 271-298.

• Armendariz, B. and J. Morduch (2010), The Economics of Microfinance, 2^nd ed., chapter 10, Cambridge: MIT Press.

• Churchill, C. (1999), Client-Focused Lending: The Art of Individual Lending, Toronto: Calmeadow.

• Agier, I. and A. Szafarz (2013), “Microfinance and Gender: Is There a Glass Ceiling on Loan Size?” World Development 42: 165–181.

• Alesina, A.F., F. Lotti, and P.E. Mistrulli (2013), “Do Women Pay More for Credit? Evidence from Italy,” Journal of the European Economic Association 11: 45–66.

• D’Espallier, B., I. Guérin, and R. Mersland (2013), “Focus on Women in Microfinance Institutions,” Journal of Development Studies 49: 589-608.

• Labie, M., P-G. Méon, R. Mersland, and A. Szafarz (2010), “Discrimination by Microcredit Officers: Theory and Evidence on Disability in Uganda,” Working Papers CEB 10-007, http://ideas.repec.org/p/sol/wpaper/10-007.html.

• Storey, D.J. (2004), “Racial and Gender Discrimination in the Micro Firms Credit Market? Evidence from Trinidad and Tobago,” Small Business Economics, 23: 401–422.

• Hughes, N. and S. Lonie (2007), “M-PESA: Mobile Money for the“Unbanked”. Turning Cellphones into 24-Hour Tellers in Kenya,” Innovations, 2 (1-2): 63-81.

• Ivatury, G. and M. Pickens (2006), Mobile Phone Banking and Low-Income Customers: Evidence from South Africa, CGAP, World Bank and the UN Foundation.

• Kapoor, M., J. Morduch and S. Ravi (2007), “From Microfinance to m-Finance,” Innovations, winter/spring, Microcredit Summit Annual Report: 82-90.

• Armendariz, B. and J. Morduch (2010), The Economics of Microfinance, 2^nd ed., Cambridge: MIT Press.

• Karlan, D and N. Goldberg (2007), “The Impact of Microfinance: a Review of Methodological Issues,” World Bank Doing Impact Evaluation Series, 7,http://karlan.yale.edu/p/Doing_ie_series_07.pdf.

• American Economic Journal: Applied Economics, special edition on microfinance to be published in January 2015.

Contacts

Email Baptiste Venet : baptiste.venet@dauphine.fr

Method(s) of evaluation

• Other

Other

Written assignments :

• One for Prof. B. Venet’s part

• One for Prof. W. Parienté’s part

Mark calculation method (including weighting of intermediary marks)

Two marks A (Prof. Venet) and B (Prof. Parienté) must set the final mark C.

• if A and B are greater than or equal to 8/20, then C = (A + B)/2

• if A ; 8/20 or B ; 8/20, then C = min (A,B).

Language(s) of evaluation

• english