Islam, Asadul; Nguyen, Chau; Smyth, Russell - In: Journal of Banking & Finance 50 (2015) C, pp. 141-156
This paper examines how availability of microfinance influences households’ borrowing from informal sources in village … economies. It uses a unique household level panel data set, which spans more than two decades (1987–2008), from rural Bangladesh …. We find that households’ access to microfinance reduces the incidence of borrowing from informal sources, but not the …