Time to take a risk effect of risk aversion and time preference on decision to borrow and creditor choice
This study examines the marginal effects of risk aversion and time preference on the decision to borrow and in the selection of creditor. Using the Consumer Finance Survey (CFS) 2014, a nationwide quadrennial survey administered by BSP, we inspect the probability of having a loan and having a loan f...
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| Format: | Thesis |
| Sprog: | English |
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Quezon City
School of Economics, University of the Philippines Diliman
2019.
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