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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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Main Authors: Kaboski, Joseph P., Townsend, Robert M.
Format: Artigo
Jezik:Inglês
Izdano: 2011
Teme:
Online dostop: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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