Risk-matching behavior in microcredit group formation: evidence from northern Ethiopia
Theoretical models on group lending assume the formation of groups of homogenous risk types. Recent theoretical and empirical findings challenge this view arguing that when markets for insurance are missing, risk homogeneity may not hold any more and risk heterogeneity can be the optimal outcome. Us...
Saved in:
Published in | Agricultural economics Vol. 40; no. 4; pp. 409 - 419 |
---|---|
Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Malden, USA
Blackwell Publishing Inc
01.07.2009
International Association of Agricultural Economists |
Series | Agricultural Economics |
Subjects | |
Online Access | Get full text |
Cover
Loading…
Be the first to leave a comment!