Big Loans to Small Businesses: Predicting Winners and Losers in an Entrepreneurial Lending Experiment (Record no. 134524)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01575nas a2200241Ia 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 241107c99999999xx |||||||||||| ||und|| |
| 022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
| International Standard Serial Number | 0002-8282 |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Bryan, Gharad |
| 9 (RLIN) | 123500 |
| 245 #0 - TITLE STATEMENT | |
| Title | Big Loans to Small Businesses: Predicting Winners and Losers in an Entrepreneurial Lending Experiment |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Name of publisher, distributor, etc. | American Economic Review |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2024 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 2825-2860 |
| 520 ## - SUMMARY, ETC. | |
| Abstract | We experimentally study the impact of relatively large enterprise loans in Egypt. Larger loans generate small average impacts, but machine learning using psychometric data reveals "top performers" (those with the highest predicted treatment effects) substantially increase profits, while profits drop for poor performers. The large differences imply that lender credit allocation decisions matter for aggregate income, yet we find existing practice leads to substantial misallocation. We argue that some entrepreneurs are overoptimistic and squander the opportunities presented by larger loans by taking on too much risk, and show the promise of allocations based on entrepreneurial type relative to firm characteristics. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Depository Institutions |
| 9 (RLIN) | 121942 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Financial Risk and Risk Management |
| 9 (RLIN) | 120537 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Micro Finance Institutions |
| 9 (RLIN) | 121943 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Mortgages, Financing Policy |
| 9 (RLIN) | 123501 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Value of Firms |
| 9 (RLIN) | 120540 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Capital and Ownership Structure |
| 9 (RLIN) | 120541 |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Karlan, Dean |
| 9 (RLIN) | 123502 |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Osman, Adam |
| 9 (RLIN) | 123503 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://www.aeaweb.org/articles?id=10.1257/aer.20220616">https://www.aeaweb.org/articles?id=10.1257/aer.20220616</a> |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
| Koha biblionumber | 134524 |
| Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr VKRV Rao Library | Dr VKRV Rao Library | 07/11/2024 | Vol. 114, No. 9 | AI795 | 07/11/2024 | 07/11/2024 | Article Index |