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Optimal Joint Liability Lending and with Costly Peer Monitoring

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  • Carli, Francesco
  • Uras, R.B.

    (Tilburg University, Center For Economic Research)

Abstract

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Suggested Citation

  • Carli, Francesco & Uras, R.B., 2014. "Optimal Joint Liability Lending and with Costly Peer Monitoring," Discussion Paper 2014-075, Tilburg University, Center for Economic Research.
  • Handle: RePEc:tiu:tiucen:a3838166-11c6-4fbd-a3d7-ae5f6464c213
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    References listed on IDEAS

    as
    1. Islam, Asadul & Nguyen, Chau & Smyth, Russell, 2015. "Does microfinance change informal lending in village economies? Evidence from Bangladesh," Journal of Banking & Finance, Elsevier, vol. 50(C), pages 141-156.
    2. Ghatak, Maitreesh & Guinnane, Timothy W., 1999. "The economics of lending with joint liability: theory and practice," Journal of Development Economics, Elsevier, vol. 60(1), pages 195-228, October.
    3. Hermes, Niels & Lensink, Robert & Mehrteab, Habteab T., 2005. "Peer Monitoring, Social Ties and Moral Hazard in Group Lending Programs: Evidence from Eritrea," World Development, Elsevier, vol. 33(1), pages 149-169, January.
    4. Paxton, Julia & Graham, Douglas & Thraen, Cameron, 2000. "Modeling Group Loan Repayment Behavior: New Insights from Burkina Faso," Economic Development and Cultural Change, University of Chicago Press, vol. 48(3), pages 639-655, April.
    5. Niels Hermes & Robert Lensink & Habteab Mehrteab, 2006. "Does the Group Leader Matter? The Impact of Monitoring Activities and Social Ties of Group Leaders on the Repayment Performance of Group‐based Lending in Eritrea," African Development Review, African Development Bank, vol. 18(1), pages 72-97.
    6. Wydick, Bruce, 1999. "Can Social Cohesion Be Harnessed to Repair Market Failures? Evidence from Group Lending in Guatemala," Economic Journal, Royal Economic Society, vol. 109(457), pages 463-475, July.
    7. Mark J. Garmaise & Gabriel Natividad, 2010. "Information, the Cost of Credit, and Operational Efficiency: An Empirical Study of Microfinance," Review of Financial Studies, Society for Financial Studies, vol. 23(6), pages 2560-2590, June.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Micro finance; Joint-liability; Group leader.;
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