Department of Agricultural Economics and Rural Sociology professor awarded prize by Association of Social Economics

Photo of Ariane, Valentina Hartarska, and Anastasia in front of bookshelf.

By Maggie Smith / Apr 17, 2019 3:22:24 PM

Valentina Hartarska, an alumni professor in the Department of Agricultural Economics and Rural Sociology, was recently awarded the Warren Samuels Prize for Outstanding Research by the Association for Social Economics.

The prize is presented to researchers who conduct research that is of high quality, is important to the project of social economics and has broad appeal across disciplines.

Hartarska’s project, “Too Many Cooks Spoil the Broth: The Conflicting Impacts of Subsidies and Deposits on the Cost-Efficiency of Microfinance Institutions,” evaluates how subsidies affect the cost-efficiency of microfinance institutions (MFIs) while accounting for endogenous self-selection into the business models of credit-only versus credit-plus-deposit MFIs.

The project was co-authored by Anastasia Cozarenco, a professor of economics at Montpellier Business School in France, and Ariane Szafarz, a professor of finance at Solvay Brussels School of Economics and Management in Belgium.

Hartarska’s primary research interests are financial markets and institutions, agricultural finance, microfinance and economic development.

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