Showing 1 - 10 of 241
Both formal, and informal loans matter in agriculture. But formal lenders provide much more in production lending, than do informal lenders, often at a higher cost than what they can recover. The Agricultural Development Bank of Pakistan (ADBP), for example, providing about 90 percent of formal...
Persistent link: https://www.econbiz.de/10012976129
It has long been recognized that household decision-making may not result in outcomes consistent with the unitary household model. Within the collective bargaining framework, consumption decisions would be driven by the spouse with greater bargaining power, while the outcomes would still be...
Persistent link: https://www.econbiz.de/10012854349
Simultaneity of borrowing, withdrawal of savings, and loan defaults due to the pronounced seasonality of agriculture often leads to investment failure of rural financial institutions. Lack of borrowing leads to lack of income- and consumption-smoothing, and in turn, causes inefficient resource...
Persistent link: https://www.econbiz.de/10012961228
Although the potentially negative impacts of credit constraints on economic development have long been discussed conceptually, empirical evidence for Africa remains limited. This study uses a direct elicitation approach for a national sample of Rwandan rural households to assess empirically the...
Persistent link: https://www.econbiz.de/10012973527
This paper proposes an estimator for the endogenous switching regression models with fixed effects. The estimator allows for endogenous selection and for conditional heteroscedasticity in the outcome equation. Applying the estimator to a dataset on the productivity in agriculture substantially...
Persistent link: https://www.econbiz.de/10012973872
Using two surveys from Bangladesh, this paper provides evidence on the effects of microfinance competition on village moneylender interest rates and households' dependence on informal credit. The views among practitioners diverge sharply: proponents claim that competition of microfinance...
Persistent link: https://www.econbiz.de/10012973968
How do borrowers respond to improvements in a lender's ability to punish defaulters? This paper reports the results of a randomized field experiment in rural Malawi that examines the impact of fingerprinting borrowers in a context where a unique identification system is absent. Fingerprinting...
Persistent link: https://www.econbiz.de/10012976349
Improving rural credit markets requires a good understanding of the root causes of market failures and taking necessary steps to address them. This paper investigates the role of productivity shocks in borrowers' repayment choices. Using a framed field experiment that simulated a repeated...
Persistent link: https://www.econbiz.de/10012912302
Internal labor migration rates in India have been largely static and low in recent times compared with those in other … the India Human Development Survey, which provides a more recent source of data compared with the Census and other …-12, empirical analysis based on the India Human Development Survey highlights several socioeconomic factors associated with the …
Persistent link: https://www.econbiz.de/10012926474
of catch-up growth across the four Young Lives countries (Ethiopia, India, Peru, and Vietnam). In addition, the paper …
Persistent link: https://www.econbiz.de/10012926786