The cycle of debt among vendors in India and the Philippines
Even when street vendors are freed from debt and educated about the benefits of saving, they go back to borrowing from moneylenders at exorbitant rates
Finance
Dean Karlan Benjamin N. Roth Sendhil Mullainathan
Published
10.06.18

Does your cultural background affect your credit profile?
In Indian banks, cultural proximity (shared beliefs, ethnicity) between lenders and borrowers increases access to credit and reduces default
Institutions & Political Economy
Raymond Fisman
Published
14.03.18