Showing 1 - 10 of 1,435
individuals already at commercial banks and only initially receive smaller loans. Our results suggest that the microfinance sector …
Persistent link: https://www.econbiz.de/10011932264
Cross-border bank lending is a growing source of external finance in developing countries and could play a key role for infrastructure financing. This paper looks at the role of multilateral development banks (MDBs) on the terms of syndicated loan deals, focusing on loan pricing. The results...
Persistent link: https://www.econbiz.de/10011978454
The global financial crisis affected microfinance institutions (MFIs) as lending growth was constrained by scarcer …
Persistent link: https://www.econbiz.de/10014398523
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
Persistent link: https://www.econbiz.de/10012300650
This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the period 2004-2015, using cross-country as well as dynamic panel GMM regressions. At low levels of remittances-to-GDP, these flows act as a substitute to formal financial...
Persistent link: https://www.econbiz.de/10012251374
corporate control promotes the adoption of better corporate governance practices around the world …
Persistent link: https://www.econbiz.de/10014394542
Financial frictions have been identified as key factors affecting economic fluctuations and growth. But, can institutional reforms reduce financial frictions? Based on a canonical investment model, we consider two potential channels: (i) financial transaction costs at the firm level; and (ii)...
Persistent link: https://www.econbiz.de/10014397491
This paper discusses key legal issues in the design of Board Oversight in central banks. Central banks are complex and sophisticated organizations that are challenging to manage. While most economic literature focuses on decision-making in the context of monetary policy formulation, this paper...
Persistent link: https://www.econbiz.de/10012155156
Persistent link: https://www.econbiz.de/10015076869
Persistent link: https://www.econbiz.de/10015080416