Risk Rationing and Wealth Effects in Credit Markets (2005)
Boucher, Stephen R., Carter, Michael R., Guirkinger, Catherine
By shrinking the available menu of loan contracts, asymmetric information can result in two types of nonprice rationing in credit markets. The first is conventional quantity rationing. The second is...
Boucher, Stephen R., Smith, Aaron, Taylor, J. Edward, Yúnez-Naude, Antonio
The availability of immigrant farm-workers from Mexico is a critical factor affecting the fresh fruit and vegetable sector in the United States. This paper uses a retrospective panel data set from...
A Gain with a Drain? Evidence from Rural Mexico on the New Economics of the Brain Drain (2005)
BOUCHER, STEPHEN R, Stark, Oded, Taylor, J. Edward
Evidence is presented in support of the "brain gain" view that the likelihood of migrating to a destination wherein the returns to human capital (schooling) are high creates incentives to acquire...
Subsistence Response to Market Shocks (2005)
Dyer, George A., BOUCHER, STEPHEN R, Taylor, J. Edward
Micro-economic models posit that transaction costs isolate subsistence producers from output market shocks. We integrate microeconomic models of many heterogeneous households into a...
Thesis (Ph. D.)--University of Wisconsin--Madison, 2000.
Thesis (Ph. D.)--University of Wisconsin--Madison, 2000.
Thesis (Ph. D.)--University of Wisconsin--Madison, 2000.
The Impact of "Market-Friendly" Reforms on Credit and Land Markets in Honduras and Nicaragua
Boucher, Stephen R., Barham, Bradford L., Carter, Michael R.
Impacts of Policy Reforms on the Supply of Mexican Labor to U.S. Farms: New Evidence from Mexico
Stephen R. Boucher, Aaron Smith, J. Edward Taylor, Antonio Yúnez-Naude
The availability of immigrant farm-workers from Mexico is a critical factor affecting the U.S. fresh fruit and vegetable sector. This paper uses retrospective panel data from rural Mexico to examine...
Stephen R. Boucher, Michael R. Carter, Catherine Guirkinger
We develop a model that shows that asymmetric information can result in two types of credit rationing: conventional quantity rationing, and "risk rationing," whereby farmers are able to borrow but...
Credit constraints and productivity in Peruvian agriculture
Catherine Guirkinger, Stephen R. Boucher
This article evaluates the performance of a rural credit market in Peru. We develop a model that shows that collateral requirements imposed by lenders in response to asymmetric information can lead...
AJAE Appendix: Risk, Wealth and Sectoral Choice in Rural Credit Markets
Boucher, Stephen R., Guirkinger, Catherine
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 89, Number 4, November 2007.
Boucher, Stephen R., Carter, Michael R., Guirkinger, Catherine
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics.
Stephen R. Boucher, Catherine Guirkinger, Carolina Trivelli
This article provides a methodological bridge leading from the well-developed theory of credit rationing to the less developed territory of empirically identifying credit constraints. We begin by...