Roscas without sanctions

Francesco Reito

Review of Social Economy, 2020, vol. 78, issue 4, 561-579

Abstract: This article shows that, under the assumption that members share the risk of negative income shocks, rotating savings and credit associations can be sustainable even with simple exponential discounting and without the presence of social norms and sanctioning systems.

Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/00346764.2019.1693054 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rsocec:v:78:y:2020:i:4:p:561-579

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RRSE20

DOI: 10.1080/00346764.2019.1693054

Access Statistics for this article

Review of Social Economy is currently edited by Wilfred Dolfsma and John Davis

More articles in Review of Social Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().