Social justice with credits to the poor

Marek Hudon

No 07-003.RS, Working Papers CEB from ULB -- Universite Libre de Bruxelles

Abstract: Fair prices have been recently addressed through debates on fair trade or fair wage. This paper addresses the fairness of credits to the poor. It first analyzes a few definitions of fair interest rates. It then determines the extent of the ‘just’ range of a price, its major constraints and the methodology to assess the fairness of the distribution. Based on Gauthier’s (1986) work on imperfect markets, a contractarian position is presented.

Keywords: justice; microfinance; interest rate; contractarian. (search for similar items in EconPapers)
JEL-codes: L31 M54 O16 Q14 (search for similar items in EconPapers)
Pages: 34 p.
Date: 2007-01
New Economics Papers: this item is included in nep-dev, nep-hpe and nep-mfd
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Citations: View citations in EconPapers (1)

Published by: Université Libre de Bruxelles, Solvay Business School, Centre Emile Bernheim (CEB)

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Persistent link: https://EconPapers.repec.org/RePEc:sol:wpaper:07-003

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