Chaudhuri, Sarbajit - EconWPA - 2005
highlighting the interactions between two informal sector lenders (a professional moneylender and a trader-interlocker) and … explains the prevalence of different interest rates in the rural credit market. The trader and the moneylender play a non … interlinked credit-product contract, the trader offers the interlockees a product price equal to the open market price and his …
