fbpx The Economic Returns to Social Interaction: Experimental Evidence from Microfinance. | Harvard Kennedy School

Excerpt

The Economic Returns to Social Interaction: Experimental Evidence from Microfinance. Rohini Pande, April 2013, Paper. "Microfinance clients were randomly assigned to repayment groups that met either weekly or monthly during their first loan cycle, and then graduated to identical meeting frequency for their second loan. Long-run survey data and a follow-up public goods experiment reveal that clients initially assigned to weekly groups interact more often and exhibit a higher willingness to pool risk with group members from their first loan cycle nearly 2 years after the experiment..." Link verified June 19, 2014