Cultural Proximity and Loan Outcomes

Raymond Fisman, Daniel Paravisini, Vikrant Vig

NBER Working Paper No. 18096
Issued in May 2012

---- Acknowledgements -----

Thanks to Andres Lieberman and Sravya Mamadiana for outstanding research assistance. We would like to thank Abhijit Banerjee, Oriana Bandiera, Shawn Cole, Esther Duflo, Michael Kremer, Raghu Rajan, Antoinette Schoar, Paola Sapienza, Luigi Zingales, and the participants at the CFS-EIEF Conference on Household Finance, Columbia University, Boston University, European Bank for Reconstruction and Development, London Business School, London School of Economics - Development, MIT-Sloan, the NBER conferences in corporate finance and household finance, Stockholm School of Economics, and Vienna University of Economics and Business for valuable feedback. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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