NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Group Lending with Heterogeneous Types

Li Gan, Manuel A. Hernandez, Yanyan Liu

NBER Working Paper No. 18847
Issued in February 2013

---- Acknowledgements -----

We thank Alan de Brauw, Arun Chandrasekhar, Carlos Martins-Filho, Eduardo Nakasone, Annabel Vanroose, Ruth Vargas-Hill and seminar participants at the Winter Meetings of the Econometric Society and IFPRI for their helpful comments. We gratefully acknowledge financial support from the CGIAR Research Program on Policies, Institutions and Markets. We also thank the staff of the Center for Economics and Social Studies, particularly Prof. S. Galab, for their support and collaboration in making the data available. 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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