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Flood, Farms and Credit : How Bank Ties Keep Farmers, Young and Female, above Water

Abedifar, Pejman; Kashizadeh, Seyed Javad; Ongena, Steven - 2022

Using a rare flood in April 2019 in Iran as a natural experiment, we study the role of local banks in mitigating the financial consequence of natural disasters to smallholder farmers. We find that local branches immediately react to the disaster by increasing their lending for two months...

Persistent link: https://www.econbiz.de/10013405553