Prices, Credit Markets and Child Growth in Low-Income Rural Areas
利用1988年孟加拉国农村严重洪水期间及之后儿童生长的波动，分析信贷市场结构，发现无地家庭的儿童生长模式受信贷市场不完善影响。
In this paper it is argued that fluctuations in child growth in rural areas of Bangladesh during and after severe floods in 1988 can provide insight into the structure of credit markets. A model of intertemporal resource allocation is developed and Euler equations relating growth patterns of children to the cost of borrowing by household are then derived from the model. The evidence indicates that although some of the variation in growth patterns over the relevant period may be attributed to variation in illness and the price of rice, growth patterns for children in landless households were influenced by credit market imperfections.