Variables;Definition
"Group lending";"Proportion of MFIs in the country that employ group lending. Source: The MIX platform (https://www.themix.org/) and authors’ calculations."
"Contract enforcement";"Rule of Law index. Source: World Governance Indicators: https://databank.worldbank.org/source/worldwide-governance-indicators"
Integrity;"Social capital aspects related to attitude toward civic duty and responsibility. Source: World Values Survey (http://www.worldvaluessurvey.org/WVSDocumentationWVL.jsp) and authors’ calculations."
"Narrow trust";"Social capital aspects that reflect aspects of trust within a group (might include a family, neighbors, friends, etc.). Source: World Values Survey (http://www.worldvaluessurvey.org/WVSDocumentationWVL.jsp) and authors’ calculations."
"General trust";"Social capital aspects reflecting trust for people outside of own group. Source: World Values Survey (http://www.worldvaluessurvey.org/WVSDocumentationWVL.jsp) and authors’ calculations."
"Financial development";"Composite index of financial development. Source: World Bank Financial Development Database (https://databank.worldbank.org/source/global-financial-development)."
"Gini coefficient";"Gini coefficient measures income inequality in the country. Source: World Development Indicators (https://datacatalog.worldbank.org/dataset/world-development-indicators)."
"Per capita GDP";"Real per capita GDP in PPP terms in 2011 U.S. dollars. Source: World Development Indicators (https://datacatalog.worldbank.org/dataset/world-development-indicators)."
"UK legal origin";"A dummy variable that takes on a value of 1 for common law countries (British legal origin), and 0 otherwise. Source: La Poprta et al. (1999)."