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Rising middle class and vendor financing incentives in unsecured credit markets in Latin America

dc.creatorBarrail, Zulma
dc.date.accessioned2019-07-10T13:04:15Z
dc.date.available2019-07-10T13:04:15Z
dc.date.created2017-06-01
dc.date.issued2017-06-01
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dc.identifier.urihttp://repositorio.bcp.gov.py/handle/123456789/82
dc.descriptionI illustrate through the lens of a theoretical model, potential reasons triggering an increase in credit supplied by the non traditional financial sector, i.e vendors, at the extensive margin. I find that a reduction in the average risk of default and an increase in the market size of credit customers raise vendor financing incentives. This model rationalizes the observation that the improvement of economic conditions of the low-income and financially constrained households potentially led to increased credit supply by vendors in several countries of Latin America.
dc.format.extent48 páginas
dc.format.mimetypeapplication/pdf
dc.language.isoeng
dc.relation.ispartofDocumentos de Trabajos
dc.relation.ispartofseriesDocumento de Trabajo
dc.relation.isversionofDocumento de Trabajo; N° 20
dc.rights.urihttp://creativecommons.org/publicdomain/zero/1.0/
dc.subjectCRÉDITO AL CONSUMO
dc.subjectDEUDA NO PROTEGIDA
dc.subjectCONTRATOS FINANCIEROS
dc.subjectFINANCIAMIENTO DE VENDEDORES
dc.subjectAMÉRICA LATINA
dc.subject.ddc
dc.titleRising middle class and vendor financing incentives in unsecured credit markets in Latin America
dc.typeWorking Paper
dc.subject.jelE21
dc.subject.jelE49
dc.subject.jelG20
dc.subject.keywordCONSUMER CREDIT
dc.subject.keywordUNSECURED DEBT
dc.subject.keywordFINANCIAL CONTRACTS
dc.subject.keywordVENDOR FINANCING
dc.subject.keywordLATIN AMERICA
dc.rights.accessRightsOpen Access
dc.type.spaDocumento de Trabajo
dc.type.hasversionPublished Version
dc.rights.ccCC0 1.0 Universal
dc.rights.spaAcceso abierto


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