Construct · 1 fields · 1 citations

social collateral: a standalone construct

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Development economics

the threat of social penalties from fellow borrowers that substitutes for physical collateral in group lending.

In development economics, social collateral refers to the threat of social penalties from fellow borrowers that substitutes for physical collateral in group lending. This meaning comes from Besley (1995) in Journal of Development Economics.[1]

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Nearby constructs

collateral3 fields · 3 citationsjingle · one word, three constructs development1 fields · 2 citationsanchor · a standalone construct group4 fields · 4 citationsjingle · one word, four constructs

References

Besley, T., & Coate, S. (1995). Group lending, repayment incentives and social collateral. Journal of Development Economics, 46(1), 1-18. https://doi.org/10.1016/0304-3878(94)00045-e

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