Phung Trang M. T.; Hsu, Wei Huei; Naylor, Michael J.; … - In: Cogent economics & finance 10 (2022) 1, pp. 1-29
While informal debt is often used as a funding source for retail investors, very little is known about the characteristics of its sources and use. This is particularly true in emerging markets where the use of informal debt is widespread. We examine the determinants of the use of informal debt...
