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A Structural Evaluation of a Large-Scale Quasi-Experimental Microfinance Initiative

This paper uses a structural model to understand, predict, and evaluate the impact of an exogenous microcredit intervention program, the Thai Million Baht Village Fund program. We model household decisions in the face of borrowing constraints, income uncertainty, and high-yield indivisible investmen...

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Bibliografiske detaljer
Main Authors: Kaboski, Joseph P., Townsend, Robert M.
Format: Artigo
Sprog:Inglês
Udgivet: 2011
Fag:
Online adgang:https://ncbi.nlm.nih.gov/pmc/articles/PMC3230229/
https://ncbi.nlm.nih.gov/pubmed/22162594
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.3982/ECTA7079
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