We appreciate the helpful suggestions offered by Jim Barth, John Jahera, Bob DeYoung, seminar participants at the University of Sassari, as well as the comments of the editor and referees. We also appreciate the support of the Center for International Finance and Global Competitiveness at Auburn. We are also grateful to the Microfinance Center for Central and Eastern Europe and the Newly Independent States for providing the data.
Which Microfinance Institutions Are Becoming More Cost Effective with Time? Evidence from a Mixture Model
Version of Record online: 13 MAY 2009
© 2009 The Ohio State University
Journal of Money, Credit and Banking
Volume 41, Issue 4, pages 651–672, June 2009
How to Cite
CAUDILL, S. B., GROPPER, D. M. and HARTARSKA, V. (2009), Which Microfinance Institutions Are Becoming More Cost Effective with Time? Evidence from a Mixture Model. Journal of Money, Credit and Banking, 41: 651–672. doi: 10.1111/j.1538-4616.2009.00226.x
- Issue online: 13 MAY 2009
- Version of Record online: 13 MAY 2009
- Received July 5, 2007; and accepted in revised form August 29, 2008.
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