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dc.titleResearch Insights: Do Better-Connected Community Members Benefit More from Subsidized Credit?
dc.contributor.authorVera-Cossio, Diego A.
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageThailand
dc.date.available2021-08-31T00:00:00
dc.date.issue2021-08-31T00:00:00
dc.description.abstractMore powerful and less productive households, both in terms of wealth and connections, ended up obtaining more credit from a community-based lending program. Informal markets partially attenuated these targeting distortions by redirecting credit from connected to unconnected households, albeit at higher rates. Despite the targeting distortions, a community-based approach may still be more appealing than other centralized criteria to target credit. Eliminating the connection-based advantage may lead to village-level gains in terms of equity and output.
dc.format.extent4
dc.identifier.doihttp://dx.doi.org/10.18235/0003594
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Research-Insights-Do-Better-Connected-Community-Members-Benefit-More-from-Subsidized-Credit.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Perspectivas-de-investigacion-Los-miembros-mejor-conectados-de-la-comunidad-se-benefician-mas-del-credito-subvencionado.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectCredit Market
dc.subjectMicrofinance
dc.subjectDecentralization
dc.subjectInformal Credit
dc.subjectBank Loan
dc.subjectEntrepreneurship
dc.subjectInterest Rate
dc.subject.jelcodeD14 - Household Saving; Personal Finance
dc.subject.jelcodeG21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages
dc.subject.jelcodeO12 - Microeconomic Analyses of Economic Development
dc.subject.jelcodeO16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance
dc.subject.jelcodeO17 - Formal and Informal Sectors • Shadow Economy • Institutional Arrangements
dc.subject.jelcodeL14 - Transactional Relationships • Contracts and Reputation • Networks
dc.subject.jelcodeZ13 - Economic Sociology • Economic Anthropology • Social and Economic Stratification
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00570
idb.operationBK-C1102
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