Financial Inclusion in Papua New Guinea

Relevant Theoretical Literature • Becker (1965), Gronau (1977): theory of the household • Becker and Mulligan (1997) - → develop a model of an individual's endogenously determined discount rate. Their analysis shows how wealth, mortality, addictions, uncertainty, and other variables affect the degree of time preference. 594 Davies & Nettuno Financial Inclusion in Papua New Guinea August 4, 2022 8/36

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