THE EFFECTS ON PEASANT HOUSEHOLDS OF ACCESS TO FORMAL DEPOSITS AND LOANS

A dynamic, stochastic, rational expectations model of a peasant household with access to deposits and loans (up to a credit limit) is solved and simulated. If formal contracts offer more favorable rates than informal contracts, then access to formal contracts increases average consumption and decreases its standard deviation.

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Year of publication:	1995
Authors:	Schreiner, Mark ; Graham, Douglas H. ; Miranda, Mario J.
Institutions:	Department of Agricultural, Environmental and Development Economics, Ohio State University
Subject:	Agricultural Finance \| Consumer/Household Economics

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Extent:	application/pdf
Series:	Economics and Sociology Occasional Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Department of Agricultural, Environmental and Development Economics>Economics and Sociology Occasional Papers Number 28329
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005522977