Group versus Individual Liability : A Field Experiment in the Philippines

Group versus Individual Liability : A Field Experiment in the Philippines

Group liability is often portrayed as the key innovation that led to the explosion of the microcredit movement, which started with the Grameen Bank in the 1970s and continues on today with hundreds of institutions around the world. Group lending claims to improve repayment rates and lower transactio...

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Bibliographic Details
Main Authors: Giné, Xavier, Karlan, Dean S.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2012
Subjects:
BANKS
CHECKS
CLAUSE
DEPOSITS
FINANCIAL MARKETS
INDIVIDUAL ACCOUNTS
INSTALLMENT
INSTALLMENTS
LIABILITY
LIABILITY CLAIMS
LIABILITY RULE
MICROFINANCE
MORAL HAZARD
MUTUAL AGREEMENT
NETWORKS
NEW ENTRANTS
PENALTIES
PERSONAL SAVINGS
PROFITABILITY
PROTOCOLS
SAFETY NETS
SAVINGS ACCOUNTS
SAVINGS BEHAVIOR
TRANSACTION COSTS
Online Access:http://documents.worldbank.org/curated/en/2006/09/7063025/group-versus-individual-liability-field-experiment-philippines
http://hdl.handle.net/10986/9268

Internet

http://documents.worldbank.org/curated/en/2006/09/7063025/group-versus-individual-liability-field-experiment-philippines
http://hdl.handle.net/10986/9268

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