Kinship and Financial Networks, Formal Financial Access, and Risk Reduction

Kinship networks are beneficial for smoothing consumption and investment, but the channels are not well understood. We study the financing devices used for consumption and investment by Thai households. Households that are connected to banks achieve significantly better consumption smoothing than un...

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Bibliographic Details
Main Authors: Kinnan, Cynthia, Townsend, Robert
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: American Economic Association 2012
Online Access:http://hdl.handle.net/1721.1/73141
https://orcid.org/0000-0002-1528-8102