A Structural Evaluation of a Large-Scale Quasi-Experimental Microfinance Initiative
This paper uses a structural model to understand, predict, and evaluate the impact of an exogenous microcredit intervention program, the ThaiMillion Baht Village Fund program. We model household decisions in the face of borrowing constraints, income uncertainty, and high-yield indivisible investment...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Econometric Society,
2011-03-25T14:57:25Z.
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| Subjects: | |
| Online Access: | Get fulltext |