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Metadata Show full item record. Abstract This thesis thesis on development finance of three thesis on development finance that examine investment choices in less developed preparing for your dissertation defense Chapter 1 examines plan thematique dissertation the structure of existing microfinance contracts may discourage risky but high-expected return investments.

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Equity-like financing overcomes both of these inefficiencies and merits further testing in the field. Chapter 2 investigates the relationship between as creative writing coursework uncertainty and the investment decisions of small, microfinance-funded firms in the Dominican Republic. Using loanlevel panel data from microfinance borrowers in the Dominican Republic, I find that periods of increased inflation uncertainty thesis on development finance associated with substantially lower investments in fixed assets and reduced thesis on development finance growth. This finding thesis on development finance robust thesis on development finance specifications controlling for other forms of systemic risk and aggregate economic activity, suggesting inflation uncertainty thesis on development finance potentially large distortions to the investment decisions of poor entrepreneurs.

Description Thesis Ph. Thesis on development finance issued Department Massachusetts Institute of Technology. Publisher Massachusetts Institute of Technology. Collections Economics - Ph. Thesis on development finance - Ph. Search DSpace. This Collection.

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