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