Derek Jones
Derek Jones

An article co-authored by Derek Jones, the Irma M. and Robert D. Morris Professor of Economics, was recently published online in the Review of Social Economy.

Co-authored by Panu Kalmi of Finland’s University of Vaasa, “Membership and Performance in Finnish Financial Cooperatives: A New View of Cooperatives?” presented the results of the authors’ recent study of cooperative banks. The authors re-examined earlier findings of the relationship between membership and performance, employing an alternative measure for membership and improved estimation methods.

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