Islam, Asadul; Nguyen, Chau; Smyth, Russell - In: Journal of Banking & Finance 50 (2015) C, pp. 141-156
This paper examines how availability of microfinance influences households’ borrowing from informal sources in village economies. It uses a unique household level panel data set, which spans more than two decades (1987–2008), from rural Bangladesh. We find that households’ access to...