Oh, Yoon Hae - In: KDI Journal of Economic Policy 37 (2015) 3, pp. 55-74
This study examines the effect of a one-on-one outsourced pre-lending consulting service on the repayment behavior of microcredit borrowers in Korea with administrative data from the Smile Microcredit Bank. A random change in the cut-off loan amount for mandatory consulting is utilized as an...