Dr. Anastasia Cozarenco

Anastasia Cozarenco is an assistant professor of economics at Montpellier Business School. She holds a PhD in economics from Aix-Marseille School of Economics and benefited from the postdoctoral fellowship at the Centre for European Research in Microfinance (CERMi), Université libre de Bruxelles. Her current research is focused on microfinance in developed countries with special attention to regulation, non-financial services, subsidization, discrimination and gender, from theoretical and empirical perspectives. In 2018, Anastasia set up a Chair of Microfinance in Developed Countries in partnership with Créa-Sol, a French MFI, and the Caisse d’Epargne Languedoc-Roussillon. She published articles in Small Business Economics, Journal of Business Ethics, and Economics Letters. She is a member of the European Microfinance Network Research Committee.

2019: 6th European Research Conference on Microfinance, June 3-5, Paris, France (Organizer together with Isabelle Guérin, Institut de Recherche pour le Développement (IRD), and Baptiste Venet, University of Paris Dauphine)

2019: Cozarenco A., Hartarska V. & Szafarz A. 2019. Too Many Cooks Spoil the Broth: The Conflicting Impacts of Subsidies and Deposits on the Cost-Efficiency of Microfinance Institutions. American Economic Association (ASSA), January 4-6, Atlanta, United States. (Best paper award: The Warren Samuels Prize from the Association for Social Economics)

Cozarenco A. 2018. Personal microcredit and financial inclusion. Financial Inclusion Commission of the Parcours Confiance, Caisse d’Epargne Languedoc Roussillon, November 22, Montpellier, France.

Cozarenco A. & Szafarz A. Forthcoming. Microfinance in the North: Where do we stand? In M. Hudon, M. Labie and A. Szafarz (Eds.), Research Agenda for Financial Inclusion and Microfinance, Edward Elgar Publishing.

2018-: Professor in charge of the Chair in Microfinance in Developed Countries in partnership with Créa-Sol, a French microfinance institution, and Caisse d’Epargne Languedoc Roussillon, Montpellier, France

Bourlès R. & Cozarenco A. 2018. Entrepreneurial motivation and business performance: Evidence from a French microfinance institution. Small Business Economics, 51(4): 943-963.

Cozarenco A., Hudon M. & Szafarz A. 2016. What type of microfinance institutions supply savings products? Economics Letters, 140: 57-59.

Cozarenco A. & Szafarz A. 2018. Gender biases in bank lending: lessons from microcredit in France. Journal of Business Ethics, 147(3): 619-629.

Bourlès R. & Cozarenco A. 2014. State intervention and the microcredit market: the role of business development services. Small Business Economics, 43(4): 931-944.

Microfinance in Developed Countries, Microfinance: Theory and Practice, Econometrics Applied to Microfinance Research, Statistics, Probability theory, Microeconomics, Applied Mathematics