interview market participants and triangulate the perspectives of borrowers with those of formal and informal lenders …. Importantly, our research includes current and past borrowing from formal and informal sources, prompting participants to draw … unintended consequence of formal microfinance: The availability of formal low-interest microfinance creates informal …

Alluding to theories about relative economic status and behavior, this paper studies if relative income mobility, or … the intergenerational change in income positions, affects interpersonal trust. Empirically, the question is brought down … increases if children have achieved an upward income movement away from their parents' income position, and it decreases with …