Group lending with heterogeneous types

This paper proposes and implements a mixture structure to model repayment behavior in group lending with unobserved group heterogeneity. We discuss the model properties and identification and estimate the model using a rich dataset from a group lending program in India. The estimation results suppor...

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Bibliographic Details

Main Authors:	Gan, Li, Hernandez, Manuel A., Liu, Yanyan
Format:	Journal Article
Language:	Inglés
Published:	Wiley 2018
Subjects:	models microfinance lending economic development economic behaviour economics econometric models repayment
Online Access:	https://hdl.handle.net/10568/147105