Discount rates and credit markets: theory and evidence from rural India

Three models of credit markets - (1) the permanent income model, (2) upward sloping credit supply to individual borrowers, and (3) constrained credit due to imperfect enforcement - are tested using credit market data and an experimental study of individuals' discount rates in south India. The perman...

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Detalles Bibliográficos
Autor principal: Pender, John L.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Elsevier 1996
Materias:
Acceso en línea:https://hdl.handle.net/10568/171913

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