RISK, WEALTH AND SECTORAL CHOICE IN RURAL CREDIT MARKETS

We develop a model of sorting and matching between borrowers and lenders across formal and informal credit markets in a developing country context. We highlight the role of risk both on credit access and sectoral choice. We examine how activity and sectoral choice vary across agents with heterogeneous wealth endowments.


Issue Date:
2004
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20077
Total Pages:
32
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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