Formal and Informal Credit Markets in Egypt

Mahmoud Mohieldin and Peter Wright

No 9415, Working Papers from Economic Research Forum

Abstract: This paper examines empirically the markets for formal and informal credit in Egypt. Using a dataset specifically collected for the purpose, it examines what factors determine whether or not a person borrows from the informal sector using a probit analysis. The paper then conducts a similar exercise for the informal financial sector and seeks to examine whether any link between borrowing in the formal and the informal financial sectors exists. Conclusions are then drawn as to the role of informal financial markets in the development process.

Date: 1994-06-10, Revised 1994-06-10
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Published by The Economic Research Forum (ERF)

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Related works:
Journal Article: Formal and Informal Credit Markets in Egypt (2000)
Working Paper: Formal and Informal Credit Markets in Egypt
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Persistent link: https://EconPapers.repec.org/RePEc:erg:wpaper:9415

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