Abstract
By using data from the Vietnam household survey, this article estimates determinants of the probability of default for households borrowing from formal, informal and semi-formal credit sectors in Vietnam. A special feature of the article is that it investigates which type of lender is faced with the riskiest borrowers. The estimates suggest that borrowers from informal lenders are more risky than borrowers from formal and semi-formal lenders.
| Original language | English |
|---|---|
| Pages (from-to) | 237-261 |
| Number of pages | 25 |
| Journal | Journal of Emerging Market Finance |
| Volume | 7 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Dec-2008 |
Keywords
- credit
- Default risk
- financial sector
- household
- Vietnam