Implicit and Explicit Commitment in Credit and Saving Contracts: A Field Experiment
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We conduct a field experiment to test the demand for flexibility and for soft and hard commitment among clients of a microfinance institution. We offer a commitment contract inspired by the rotating structure of a ROSCA. Additional treatments test ex ante demand for soft commitment (in the form of
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美国国家经济研究局创建时间：
2019-05-01
