The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Risk and Insurance in a Rural Credit Market: An Empirical Investigation in Northern Nigeria
Abstract
Credit contracts play a direct role in pooling risk between households in northern Nigeria. Repayments owed by borrowers depend on realizations of random shocks by both borrowers and lenders. The paper develops two models of state-contingent loans. The first is a competitive equilibrium in perfectly enforceable contracts. The second permits imperfect information and equilibrium default. Estimates of both models indicate that quantitatively important state-contingent payments are embedded in these loan transactions, but that a fully efficient risk-pooling equilibrium is not achieved. The research is based on a year-long survey in Zaria, Nigeria conducted by the author.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Longitudinal Analyses of the Effects of Trade Unions
Freeman, R. B. (1984) · Journal of Labor Economics · doi:10.1086/298021 · Cited by 479
Cited by
Risk Sharing and Transactions Costs: Evidence from Kenya's Mobile Money Revolution
Jack, W., & Suri, T. (2014) · American Economic Review · doi:10.1257/aer.104.1.183 · Cited by 1,435
Explaining African Economic Performance
Collier, P., & Gunning, J. W. (1999) · Journal of Economic Literature · doi:10.1257/jel.37.1.64 · Cited by 1,357
Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines
Yang, D., & Choi, H. (2007) · The World Bank Economic Review · doi:10.1093/wber/lhm003 · Cited by 788
In Sickness and in Health: Risk Sharing within Households in Rural Ethiopia
Dercon, S., & Krishnan, P. (2000) · Journal of Political Economy · doi:10.1086/316098 · Cited by 693
Savings by and for the Poor: A Research Review and Agenda
Karlan, D., Ratan, A. L., & Zinman, J. (2014) · Review of Income and Wealth · doi:10.1111/roiw.12101 · Cited by 548
Metadata
- Authors
- Udry, C.
- Venue
- The Review of Economic Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 1994-07-01
- Volume
- 61
- Issue
- 3
- Pages
- 495-526
- ISSN
- 0034-6527 (ISSN-L)
- 1467-937X
- OpenAlex
- W2063758111
- Cited by
- 1,037
- References
- 1
- FWCI
- 31.24
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Risk and Insurance in a Rural Credit Market: An Empirical Investigation in Northern Nigeria. https://app.cochat.ai/papers/10.2307/2297901
- The paper
- Udry, C. (1994). Risk and Insurance in a Rural Credit Market: An Empirical Investigation in Northern Nigeria. The Review of Economic Studies. https://doi.org/10.2307/2297901
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
