Chakraborty, Tanika; Mukherjee, Anirban; Saha, Sarani - 2015
informal loan network affects a household's decision to start a business. We find that when the formal court system is weak …, expansion of informal credit network leads to the proliferation of business. However, with a sufficiently strong court system …, expansion of credit network has a negative effect on business prospects. This result is explained by the contradictions between …