Community influence on microfinance loan defaults under crisis conditions: Evidence from Indian demonetization

The microfinance “group lending” approach has achieved widespread success in promoting high rates of repayment

[1]  K. Weick FROM SENSEMAKING IN ORGANIZATIONS , 2021, The New Economic Sociology.

[2]  Yin Liao,et al.  Shaming Microloan Delinquents: Evidence from a Field Experiment in China , 2020, Manag. Sci..

[3]  Sumit Agarwal,et al.  Thy Neighbor’s Misfortune: Peer Effect on Consumption , 2020, American Economic Journal: Economic Policy.

[4]  Lamar Pierce,et al.  The Influence of Peers in Worker Misconduct: Evidence from Restaurant Theft , 2020, Manuf. Serv. Oper. Manag..

[5]  A. Lahiri The Great Indian Demonetization , 2020, Journal of Economic Perspectives.

[6]  G. Gopinath,et al.  Cash and the Economy: Evidence from India’s Demonetization* , 2020, The Quarterly Journal of Economics.

[7]  Kaivan Munshi Caste and the Indian Economy , 2019 .

[8]  Jasjit Singh,et al.  Microfinance and Entrepreneurship at the Base of the Pyramid , 2019, Strategic Entrepreneurship Journal.

[9]  Ishtiaq P. Mahmood,et al.  Middle management involvement in resource allocation: The evolution of automated teller machines and bank branches in India , 2019, Strategic Management Journal.

[10]  Sumit Agarwal,et al.  Peers’ Income and Financial Distress: Evidence from Lottery Winners and Neighboring Bankruptcies , 2019, The Review of Financial Studies.

[11]  A. Kaul,et al.  Private Action in Public Interest: The Comparative Governance of Social Issues , 2018, Strategic Management Journal.

[12]  T. Khanna Trust : Creating the Foundation for Entrepreneurship in Developing Countries , 2018 .

[13]  Isabelle Guérin,et al.  Inadequate growth, over-indebtedness, and crises in microcredit: what have we learned? , 2018, Enterprise Development and Microfinance.

[14]  Emily Breza,et al.  When Less is More: Experimental Evidence on Information Delivery During India&Apos;S Demonetization , 2018, Review of Economic Studies.

[15]  Tyler Wry,et al.  Taking Trade-offs Seriously: Examining the Contextually Contingent Relationship Between Social Outreach Intensity and Financial Sustainability in Global Microfinance , 2018, Organ. Sci..

[16]  Arpita Gupta Foreclosure Contagion and the Neighborhood Spillover Effects of Mortgage Defaults , 2018, The Journal of Finance.

[17]  Laura B. Doering Risks, Returns, and Relational Lending: Personal Ties in Microfinance1 , 2018, American Journal of Sociology.

[18]  Cynthia Kinnan,et al.  Measuring the Equilibrium Impacts of Credit: Evidence from the Indian Microfinance Crisis , 2018, The Quarterly Journal of Economics.

[19]  P. Tantri,et al.  Contagious Effects of a Political Intervention in Debt Contracts: Evidence Using Loan-Level Data , 2017 .

[20]  Erwin Bulte,et al.  Do Gender and Business Trainings Affect Business Outcomes? Experimental Evidence from Vietnam , 2017, Manag. Sci..

[21]  Eric Zhao,et al.  Funding Financial Inclusion: Institutional Logics and the Contextual Contingency of Funding for Microfinance Organizations , 2016 .

[22]  Eric Zhao,et al.  Not All Inequality Is Equal: Deconstructing the Societal Logic of Patriarchy to Understand Microfinance Lending to Women , 2016 .

[23]  J. Stiglitz,et al.  Group Lending, Joint Liability, and Social Capital , 2016 .

[24]  Eric Zhao,et al.  An institutional logics approach to social entrepreneurship: Market logic, religious diversity, and resource acquisition by microfinance organizations , 2016 .

[25]  Joshua K. Ault An institutional perspective on the social outcome of entrepreneurship: Commercial microfinance and inclusive markets , 2016 .

[26]  O. Bandiera,et al.  Labor Markets and Poverty in Village Economies , 2016 .

[27]  Susan Athey,et al.  The State of Applied Econometrics - Causality and Policy Evaluation , 2016, 1607.00699.

[28]  Rawley Z. Heimer Peer Pressure: Social Interaction and the Disposition Effect , 2016 .

[29]  Sharique Hasan,et al.  Peers and Network Growth: Evidence from a Natural Experiment , 2015, Manag. Sci..

[30]  P. Sanyal Group-based Microcredit & Emergent Inequality in Social Capital: Why Socio-religious Composition Matters , 2015 .

[31]  Rodrigo Canales,et al.  A Matter of (Relational) Style: Loan Officer Consistency and Exchange Continuity in Microfinance , 2015, Manag. Sci..

[32]  Orazio Attanasio,et al.  The Impacts of Microfinance: Evidence from Joint-Liability Lending in Mongolia , 2015 .

[33]  Joshua K. Ault,et al.  The institutional context of poverty: State fragility as a predictor of cross‐national variation in commercial microfinance lending , 2014 .

[34]  Martin Brown,et al.  Understanding Bank-Run Contagion , 2014, Manag. Sci..

[35]  Dean S. Karlan,et al.  Group versus individual liability: Short and long term evidence from Philippine microcredit lending groups , 2014 .

[36]  Rodrigo Canales,et al.  Weaving Straw into Gold: Managing Organizational Tensions Between Standardization and Flexibility in Microfinance , 2014, Organ. Sci..

[37]  R. Pande,et al.  The Economic Returns to Social Interaction: Experimental Evidence from Microfinance , 2013 .

[38]  A. Banerjee,et al.  Microcredit Under the Microscope: What Have We Learned in the Past Two Decades, and What Do We Need to Know? , 2013 .

[39]  Minyuan Zhao,et al.  Zooming In: A Practical Manual for Identifying Geographic Clusters , 2013 .

[40]  Steven N. Durlauf,et al.  Linear Social Interactions Models , 2013, Journal of Political Economy.

[41]  Maitreesh Ghatak,et al.  Group Lending Without Joint Liability , 2013 .

[42]  Nora Lustig,et al.  Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty , 2012 .

[43]  Lamar Pierce,et al.  Customer-Driven Misconduct: How Competition Corrupts Business Practices , 2012, Manag. Sci..

[44]  Daniel Paravisini,et al.  Cultural Proximity and Loan Outcomes , 2012 .

[45]  Francisco J. Buera,et al.  The Macroeconomics of Microfinance , 2012, The Review of Economic Studies.

[46]  Arun G. Chandrasekhar,et al.  The Diffusion of Microfinance , 2012, Science.

[47]  G. David Roodman Due Diligence: An Impertinent Inquiry into Microfinance , 2011 .

[48]  Siva Viswanathan,et al.  Judging Borrowers by the Company They Keep: Friendship Networks and Information Asymmetry in Online Peer-to-Peer Lending , 2011, Manag. Sci..

[49]  Ray Reagans,et al.  Close Encounters: Analyzing How Social Similarity and Propinquity Contribute to Strong Network Connections , 2011, Organ. Sci..

[50]  Dean S. Karlan,et al.  Microcredit in Theory and Practice: Using Randomized Credit Scoring for Impact Evaluation , 2011, Science.

[51]  Garry D. Bruton,et al.  Microlending in emerging economies: Building a new line of inquiry from the ground up , 2011 .

[52]  X. Ye Portfolios of the Poor: How the World's Poor Live on $2 a Day , 2011 .

[53]  Paola Sapienza,et al.  The Determinants of Attitudes towards Strategic Default on Mortgages , 2011 .

[54]  Thomas W. Valente,et al.  Opinion Leadership and Social Contagion in New Product Diffusion , 2011, Mark. Sci..

[55]  J. Lerner,et al.  With a Little Help from My (Random) Friends: Success and Failure in Post-Business School Entrepreneurship , 2011 .

[56]  J. Battilana,et al.  BUILDING SUSTAINABLE HYBRID ORGANIZATIONS: THE CASE OF COMMERCIAL MICROFINANCE ORGANIZATIONS , 2010 .

[57]  Vallabh Sambamurthy,et al.  Social Contagion and Information Technology Diffusion: The Adoption of Electronic Medical Records in U.S. Hospitals , 2010, Manag. Sci..

[58]  Gabriel Natividad,et al.  Information, the Cost of Credit, and Operational Efficiency: An Empirical Study of Microfinance , 2010 .

[59]  A. Banerjee,et al.  Targeting the Poor: Evidence from a Field Experiment in Indonesia , 2010, The American economic review.

[60]  Arun Sundararajan,et al.  Distinguishing influence-based contagion from homophily-driven diffusion in dynamic networks , 2009, Proceedings of the National Academy of Sciences.

[61]  Paromita Sanyal,et al.  From Credit to Collective Action: The Role of Microfinance in Promoting Women's Social Capital and Normative Influence , 2009 .

[62]  Gerard Delanty,et al.  The Foundations of Social Theory , 2009 .

[63]  Joshua D. Angrist,et al.  Mostly Harmless Econometrics: An Empiricist's Companion , 2008 .

[64]  Rajkamal Iyer,et al.  Understanding Bank Runs: The Importance of Depositor-Bank Relationships and Networks , 2008 .

[65]  J. Morduch,et al.  Microfinance Meets the Market , 2008 .

[66]  Alessandra Cassar,et al.  The Effect of Social Capital on Group Loan Repayment: Evidence from Field Experiments , 2007 .

[67]  María Soledad Martínez Pería The economics of microfinance , 2006 .

[68]  Kaivan Munshi,et al.  Social norms and the fertility transition , 2006 .

[69]  Dean S. Karlan,et al.  Social Connections and Group Banking , 2005 .

[70]  A. Alesina,et al.  Ethnic Diversity and Economic Performance , 2003 .

[71]  Jeffrey D. Kubik,et al.  Thy Neighbor's Portfolio: Word-of-Mouth Effects in the Holdings and Trades of Money Managers , 2003 .

[72]  Maitreesh Ghatak,et al.  The economics of lending with joint liability: theory and practice 1 This version: May 1999. 1 , 1999 .

[73]  W. Easterly,et al.  Africa's Growth Tragedy: Policies and Ethnic Divisions , 1997 .

[74]  M. Sobel,et al.  Identification Problems in the Social Sciences , 1996 .

[75]  Stephen Coate,et al.  Group lending, repayment incentives and social collateral , 1995 .

[76]  Joel Podolny Market Uncertainty and the Social Character of Economic Exchange , 1994 .

[77]  Edward L. Glaeser,et al.  Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach , 1994, Journal of Political Economy.

[78]  C. Manski Identification of Endogenous Social Effects: The Reflection Problem , 1993 .

[79]  Sven-Erik Sjöstrand,et al.  On the Rationale behind “Irrational” Institutions , 1992 .

[80]  Joseph E. Stiglitz,et al.  Peer Monitoring and Credit Markets , 1990 .

[81]  Mark S. Granovetter Threshold Models of Collective Behavior , 1978, American Journal of Sociology.

[82]  L. Festinger A Theory of Social Comparison Processes , 1954 .

[83]  A. Banerjee,et al.  Thinking Small: A Review of Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty , 2016 .

[84]  Isabelle Guérin,et al.  The crises of microcredit , 2015 .

[85]  Josip Viskovi,et al.  Financial crisis , 2015 .

[86]  H. Greve,et al.  Ripples of Fear: The Diffusion of a Bank Panic , 2014 .

[87]  Henrich R. Greve,et al.  Running for the Exit: Community Cohesion and Bank Panics , 2014, Organ. Sci..

[88]  J. Kmenta Mostly Harmless Econometrics: An Empiricist's Companion , 2010 .

[89]  J. Stockman The Spread of Obesity in a Large Social Network over 32 Years , 2009 .

[90]  Jeffrey M. Woodbridge Econometric Analysis of Cross Section and Panel Data , 2002 .