Weather Variability, Credit Scores and Access to Credit: Evidence from Colombian Coffee Farmers
Citas bibliográficas
Enlace de Referencia
Autores
Autor corporativo
Recolector de datos
Otros/Desconocido
Director audiovisual
Editor/Compilador
Fecha
2020
Resumen
This paper studies how weather variability affects credit scores and credit access in developing countries. Using rich administrative data on loans to coffee farmers from a large Colombian bank, I show that negative weather shocks lead to lower loan repayment, lower credit scores and more frequent denials of future loan applications. I present evidence that affected farmer's income and ability to repay recover more quickly from weather shocks than credit access. Therefore, the interplay of weather variability and credit scores can lead to the exclusion from credit markets of farmers who could repay a loan.
Hace parte de
Tipo de Contenido
Cita bibliográfica
Título de serie/ reporte/ volumen/ colección
Documentos CEDE No. 01 Enero de 2020
Descripción general
Notas
URL del Recurso
Identificador ISBN
Identificador ISSN
1657-5334