High transaction and contracting costs are often thought to create credit and savings market failures in developing … improved "technology" for managing informal, collaborative village-based savings groups. Such groups allow, in theory, for more … efficient and lower-cost loans and informal savings, and in practice have been scaled up by international non …

High transaction and contracting costs are often thought to create credit and savings market failures in developing … improved "technology" for managing informal, collaborative village-based savings groups. Such groups allow, in theory, for more … efficient and lower- cost loans and informal savings, and in practice have been scaled up by international non …

We examine the returns from owning cows and buffaloes in rural India. We estimate that when valuing labor at market …