The Miscellaneous section features a variety of formats that are not covered in other categories. It includes presentations, informal write-ups, brief commentaries, book reviews, notes etc.
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial propositions that are customized to individual households by responding to their unique circumstances.
The IFMR Trust is interested in finding practical solutions to challenges faced in the delivery of services across the areas in which it is involved.
In all our research efforts, we strive to maintain an independent voice that speaks for the low-income household and household enterprises. Our ability to perform this function is significantly enhanced by our commitment to disseminate as a pure public good, all the intellectual capital that we create.
