Bruce Wydick|Harmony Karp Hayes|Sarah Hilliker Kempf
Social Networks, Neighborhood Effects, and Credit Access: Evidence from Rural Guatemala
University of San Francisco|San Francisco Foundation|University of California, San Francisco
measure extent social networks determine sources credit survey 465 households western guatemala estimate correlated contextual endogenous effects networks neighborhood church village levels finding church networks display endogenous effects credit access calculate elasticity social imitation esi indicating percentage people accessing microfinance church network doubles probability individual household accessing microfinance increases 141 magnitude similar estimated esis televisions cell phones within church neighbor networks