1st Edition

Informal Credit Markets And The New Institutional Economics
The Case Of Philippine Agriculture





  • Available for pre-order. Item will ship after March 13, 2021
ISBN 9780367165925
March 13, 2021 Forthcoming by Routledge
146 Pages

USD $49.95

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Book Description

This book combines the new theoretical approach to credit markets with certain precepts of the New Institutional Economics in order to analyze informal credit markets. The case of the Philippine agriculture is illustrated with the historical experience.

Table of Contents

1. Introduction 2. Informal Financial Intermediation: A New Institutional Economics Perspective 3. Imperfections and Transaction Costs in Credit Markets 4. A Model of Informal Credit 5. An Empirical Analysis of Interlinked Credit 6. An Empirical Analysis of Sorting Behavior and of Rationing Rules 7. Conclusions and Policy Implications

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