Research Output per year
I am an Assistant Professor in finance at VU University Amsterdam. I have a multidisciplinary background in Economics, Law and Political Science. My work is focused on banking in emerging countries and the interaction between social and financial performance at the level of both institutions and investors.
My work on benchmarking the performance of Microfinance Institutions (MFIs) has been published on World Development. I have also researched the effect of credit registries and credit bureaus on loan disbursement and performance in markets with high information asymmetries.
I am currently interested in regulatory arbitrage in banking and in alternative forms of finance such as peer-to-peer lending and crowdfunding.
The role of financial intermediaries is to transfer funds from savers to borrowers. Financial intermediaries are able to do so when transaction costs and asymmetric information are too high for direct finance. When borrowers are entrepreneurs and businesses with productive investment opportunities, an efficient system of financial intermediation is necessary to generate growth opportunities and guarantee the smooth operation of an economy. Nevertheless, financial institutions are susceptible to agency problems and inefficiencies that can either result in excessive or insufficient lending. The challenges to efficient and effective lending and the solutions to these challenges are my main research interests.
No ancillary activities
Ancillary activities are updated daily
PhD, Maastricht University
- HG Finance
- Financial intermediaries
- Social versus financial preferences
- Peer-to-peer lending and crowdfunding
- Information sharing
Research output: Contribution to Journal › Article › Academic › peer-review
Research output: Working paper › Professional
The Social Function of Asset Classes in Microfinance: Enhancing Performance Through Donations, Private Equity and DebtHummels, H. & Millone, M., 2014, Microfinance Institutions: Financial and Social Performance. Mersland, R. & Strøm, R. Ø. (eds.). Hampshire, UK: Palgrave Macmillan
Research output: Chapter in Book / Report / Conference proceeding › Chapter › Academic