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We study borrowers’ preferences over bank and family loans based on field work undertaken in rural Rwanda. We randomly assigned willingness-to-pay questions for a hypothetical loan offer either by a bank or by a family member to a sample of 480 households. Informal family loans are typically...
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Empirical credit demand analysis undertaken at the aggregate level obscures potential behavioral heterogeneity between … the credit cycle with respect to interest rates, output and house prices is found. The results motivate sector …
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financial institutions and support credit availability have invited heated debate. This paper comprehensively reviews empirical …
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The Main Street Lending Program was created to support credit to small and medium-sized businesses and nonprofit … operated by buying 95 percent participations in standardized loans from lenders (mostly banks) and sharing the credit risk with …
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