Productivity Shocks and Repayment Behavior in Rural Credit Markets : A Framed Field Experiment (English)

Improving rural credit markets requires a good understanding of the root causes of market failures and taking necessary steps to address them. This paper investigates the role of productivity shocks in borrower’s repayment choices. Using a framed field experiment that simulated a repeated interaction in an input credit market, the analysis finds strong evidence that adverse productivity shocks lead to higher default, even when they do not induce negative...

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Author

Adjognon,Guigonan Serge;

Liverpool Tasie,Lenis Saweda Onipede;

Shupp, Robert;
Document Date
2020/10/01
Document Type
Journal Article
Report Number
157789
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2021/03/30
Disclosure Status
Disclosed
Doc Name
Productivity Shocks and Repayment Behavior in Rural Credit Markets : A Framed Field Experiment
Keywords
farmer

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Citation

Adjognon,Guigonan Serge; Liverpool Tasie,Lenis Saweda Onipede; Shupp, Robert.

Productivity Shocks and Repayment Behavior in Rural Credit Markets : A Framed Field Experiment (English). Author accepted manuscript Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/387081617091541206

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Productivity Shocks and Repayment Behavior in Rural Credit Markets : A Framed Field Experiment (English)

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