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...
| Autores principales: | , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Wiley
2018
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/147105 |
| _version_ | 1855542520238309376 |
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| author | Gan, Li Hernandez, Manuel A. Liu, Yanyan |
| author_browse | Gan, Li Hernandez, Manuel A. Liu, Yanyan |
| author_facet | Gan, Li Hernandez, Manuel A. Liu, Yanyan |
| author_sort | Gan, Li |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | 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 support the existence of two different group types: “responsible” and “irresponsible” groups. We find that the effects of the factors driving repayment behavior differ across types. The model also shows a higher predictive performance than standard probabilistic models, particularly in the identification of potential defaulters. We provide evidence supporting the robustness of our estimations. |
| format | Journal Article |
| id | CGSpace147105 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2018 |
| publishDateRange | 2018 |
| publishDateSort | 2018 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace1471052025-02-24T06:49:20Z Group lending with heterogeneous types Gan, Li Hernandez, Manuel A. Liu, Yanyan models microfinance lending economic development economic behaviour economics econometric models repayment 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 support the existence of two different group types: “responsible” and “irresponsible” groups. We find that the effects of the factors driving repayment behavior differ across types. The model also shows a higher predictive performance than standard probabilistic models, particularly in the identification of potential defaulters. We provide evidence supporting the robustness of our estimations. 2018-01-04 2024-06-21T09:11:17Z 2024-06-21T09:11:17Z Journal Article https://hdl.handle.net/10568/147105 en http://www.nber.org/papers/w18847 Open Access Wiley Gan, Li; Hernandez, Manuel A.; and Liu, Yanyan. 2018. Group lending with heterogeneous types. Economic Inquiry 56(2): 895-913. https://doi.org/10.1111/ecin.12541 |
| spellingShingle | models microfinance lending economic development economic behaviour economics econometric models repayment Gan, Li Hernandez, Manuel A. Liu, Yanyan Group lending with heterogeneous types |
| title | Group lending with heterogeneous types |
| title_full | Group lending with heterogeneous types |
| title_fullStr | Group lending with heterogeneous types |
| title_full_unstemmed | Group lending with heterogeneous types |
| title_short | Group lending with heterogeneous types |
| title_sort | group lending with heterogeneous types |
| topic | models microfinance lending economic development economic behaviour economics econometric models repayment |
| url | https://hdl.handle.net/10568/147105 |
| work_keys_str_mv | AT ganli grouplendingwithheterogeneoustypes AT hernandezmanuela grouplendingwithheterogeneoustypes AT liuyanyan grouplendingwithheterogeneoustypes |