Advertisement

The Role of Morris Plan Lending Institutions in Expanding Consumer Microcredit in the United States

  • David Mushinski
  • Ronnie J. Phillips
Part of the The Milken Institute Series on Financial Innovation and Economic Growth book series (MILK, volume 7)

Keywords

Morris Plan Credit Union Consumer Credit Social Sanction Small Loan 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Armendáriz de Aghion, Beatriz (1999). “On the design of a credit agreement with peer monitoring,” Journal of Development Economics 60, 79–104.Google Scholar
  2. Banerjee, Abhijit V., Timothy Besley, and Timothy W. Guinnane (1994). “Thy Neighbor's Keeper: The Design of A Credit Cooperative With Theory and a Test,” Quarterly Journal of Economics, 109, 491–515.CrossRefGoogle Scholar
  3. Besley, Timothy and Stephen Coate (1995). “Group lending, repayment incentives and social collateral,” Journal of Development Economics, 46, 1–18.CrossRefGoogle Scholar
  4. Caskey, John (1994). Fringe Banking: Check-Cashing Outlets, Pawnshops, and the Poor. New York: Russell Sage Foundation.Google Scholar
  5. Clark, Evans (1933). Financing the Consumer. New York and London: Harper and Brothers Publishers.Google Scholar
  6. Conlin, Michael (1999). “Peer group microlending programs in Canada and the United States,” Journal of Development Economics, 60, 249–269.CrossRefGoogle Scholar
  7. Ergungor, Emre and Thomson B. James (2006). “Industrial Loan Companies.” Economic Commentary, (October), 1–3.Google Scholar
  8. Froman, Lewis A. (1935). “Credit Unions.” Journal of Business of the University of Chicago, 8(3), 284–296.CrossRefGoogle Scholar
  9. Ghatak, Maitreesh (1999). “Group lending, local information and peer selection,” Journal of Development Economics, 60, 27–50.CrossRefGoogle Scholar
  10. Ghatak, Maitreesh and Timothy W. Guinnane (1999). “The economics of lending with joint liability: theory and practice.” Journal of Development Economics, 60, 195–228.CrossRefGoogle Scholar
  11. Grant, James (1992). Money of the Mind: Borrowing and Lending in America from the Civil War to Michael Milken. New York: Farrar Straus Giroux.Google Scholar
  12. Guinnane, Timothy W. (2001). “Cooperatives as Information Machines: German Rural Credit Cooperatives, 883–1914,” Journal of Economic History.Google Scholar
  13. Guinnane, Timothy W. (1994). “A Failed Institutional Transplant: Raiffeisen's Credit Cooperatives in Ireland, 1894–1914,” Explorations in Economic History 31, 38–61.CrossRefGoogle Scholar
  14. Herzog, Peter W. (1928). The Morris Plan of Industrial Banking. A. W. Shaw Company: Chicago.Google Scholar
  15. Kuehner-Hebert, Katie (2000) “California Broadens Industrial Banks' Powers,” American Banker, 165(226), November 27, 1.Google Scholar
  16. McBlair, Robert (1913). The Morris Plan of Industrial Banking. Fidelity Corporation of America.Google Scholar
  17. Moulton, Harold G. (1930). The Financial Organization of Society. The University of Chicago Press: Chicago.Google Scholar
  18. Neifeld, M.R. (1931). “Credit Unions in the United States.” Journal of Business of the University of Chicago, 4(4), 320–345.CrossRefGoogle Scholar
  19. Pickering, Kathleen and David Mushinski (2001). “Cultural Aspects of Credit Institutions: Transplanting the Grameen Bank Credit Group Structure to the Pine Ridge Indian Reservation,” Journal of Economics Issues.Google Scholar
  20. Robinson, Louis N. and Rolf Nugent (1935). Regulation of the Small Loan Business. New York: Russell Sage Foundation.Google Scholar
  21. Saulnier, Raymond J. (1940). Industrial Banking Companies and Their Credit Practices. New York: National Bureau of Economic Research.Google Scholar
  22. Stiglitz, Joseph E. (1990). “Peer Monitoring and Credit Markets,” The World Bank Economic Review, 4, 351–366.CrossRefGoogle Scholar
  23. Van Tassel, Eric (1999). “Group Lending Under Asymmetric Information,” Journal of Development Economics, 60, 3–25.CrossRefGoogle Scholar
  24. Welch, Randy. (1987). “Insurance Fund Woes Spur Run in Colorado: Crisis Seen Worsening at Tiny Industrial Banks,” American Banker, November 16, 9.Google Scholar
  25. West, Mindy. (2004). “The FDIC’s Supervision of Industrial Loan Companies: A Historical Perspective,” Federal Deposit Insurance Corporation, Supervisory Insights (Summer), 5–13.Google Scholar

Copyright information

© Milken Institute 2008

Authors and Affiliations

  • David Mushinski
    • 1
  • Ronnie J. Phillips
  1. 1.Colorado State UniversityFort CollinsUSA

Personalised recommendations