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studies a cluster randomised controlled trial of a sanitation micro-credit program in rural India, which made available lower … interest loans for sanitation. The loans were linked with sanitation through their name only. The loans were not bundled with … boost sanitation investments. A simple theoretical framework indicates that the intervention could increase sanitation …
Persistent link: https://www.econbiz.de/10012022364
Imperfect capital markets and commitment problems impede lumpy human capital investments. Labeled loans have been postulated as a potential solution to both constraints, but little is known about the role of the label in influencing investment choices in practice. We draw on a cluster randomized...
Persistent link: https://www.econbiz.de/10014371953
Persistent link: https://www.econbiz.de/10014290908