英文文献:Mobility in Rural Credit Markets: A Honduran Case Study-农村信贷市场的流动性:一个洪都拉斯的案例研究
英文文献作者:Sundaram-Stukel, Reka
英文文献摘要:
In this paper I analyze mobility in rural credit markets. A panel data set of rural Honduran households is used to study credit market transitions; specifically, the dynamic evolution of formal and informal sector participation. Mobility patterns among four different credit market states are analyzed, namely those who have formal sector participation, informal sector participation, participation in both sectors and nonparticipation in rural credit markets. I use a random effects dynamic multinomial logit model which can accommodate unobserved heterogeneity. The main findings are that state dependence plays a significant role in ones ability to borrow.
本文分析了农村信贷市场的流动性。洪都拉斯农村家庭的面板数据集被用来研究信贷市场转型;具体来说,是正式和非正式部门参与的动态演变。分析了正式部门参与、非正式部门参与、同时参与和不参与农村信贷市场的四种不同信贷市场状态之间的流动模式。我使用一个随机效应动态多项式logit模型,它可以容纳未观察到的异质性。研究结果表明,国家依赖对一国的借贷能力有重要影响。