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Browsing LACEA 2016 Papers by Author "Hofstetter, Marc"

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Browsing LACEA 2016 Papers by Author "Hofstetter, Marc"

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  • Hofstetter, Marc; Mejía, Daniel; Rosas, José Nicolás; Urrutia, Miguel (2018-02-05)
    DMG and DRFE, two Ponzi schemes that operated in Colombia until 2008 attracted over half a million customers who invested resources equal to 1.2% of the annual GDP. We show that individuals that invested in DMG and DRFE ...

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