Zoekopdracht:
faculteit: "FEB" en publicatiejaar: "2006"
| Auteurs | K. Abbink, B. Irlenbusch, E. Renner | | Titel | Group size and social ties in microfinance institutions |
| Tijdschrift | Economic Inquiry |
| Jaargang | 44 |
| Jaar | 2006 |
| Nummer | 4 |
| Pagina's | 614-628 |
| ISSN | 00952583 |
| Faculteit | Faculteit Economie en Bedrijfskunde |
| Instituut/afd. | FEB: Research Institute in Economics and Econometrics Amsterdam (RESAM) |
| Samenvatting | Microfinance programs provide poor people with small loans given to jointly liable self-selected groups. Follow-up loans provide incentives to repay. We experimentally investigate the influence of those features on strategic default. Each group member invests in an individual risky project, whose outcome is known only to the individual investor. Subjects decide whether to contribute to group repayment or not. Only those with successful projects can contribute. The experiment ends if too few repay. We investigate group size and social ties effects and observe robust high repayment rates. Group lending outperforms individual lending. Self-selected groups show high but less stable contributions. (JEL C90, H41, I38, O16, Z13) |
| Soort document | Artikel |
| Document finder |
|
Gebruik dit adres om naar deze pagina te linken: http://dare.uva.nl/record/228337
Vraag/opmerking over dit recordMail aan een collega
Toevoegen aan bewaarset
|