Showing 1 - 10 of 8,170
This paper uses cross-country and panel data set to test the significance of microfinance on income inequality … microfinance in reducing inequality at the macro level. Moreover, our results suggest that microfinance loans can lead to improve … recommendations to policymakers, as they could generate suitable strategies to consider microfinance institutions as a more popular …
Persistent link: https://www.econbiz.de/10012803816
Although microfinance institutions across the world are moving from group lending towards individual lending, this …
Persistent link: https://www.econbiz.de/10010247409
We investigate if participation in Indian Self Help Group microfinance program (SHG) results in reducing vulnerability … be robust using sensitivity analysis and Rosenbaum bounds method. -- Microfinance ; Vulnerability ; Poverty ; Self Help …
Persistent link: https://www.econbiz.de/10008759521
The choice of Microfinance (MF) by the Millennium Development Goals (MDG) as the primary means of poverty alleviation … to take a fresh look and start from first principles to clear the air. Microfinance is micro finance---it is finance writ … small. If finance works, microfinance works. Much of the difficulty has been created by academics and arises from scholars …
Persistent link: https://www.econbiz.de/10009562287
This study examines whether microfinance is an effective poverty reduction intervention tool and the link between … access to microfinance and poverty reduction in northern Ethiopia. The study tests the hypothesis that accesses to/ or … participation in microfinance eradicates poverty reduction and /or improving the living standards of the poorest population are …
Persistent link: https://www.econbiz.de/10012900556
metrics, `impacts' of Microfinance programs around the world are more directly comparable … around an aggressive foray into provision of Microfinance is more likely to fail, than to succeed. The Microfinance strategy … any supply-side or income multiplier effect from Microfinance, and there is not arrival at any beneficial transformation …
Persistent link: https://www.econbiz.de/10012860391
We use an RCT to analyze the impacts of microcredit. The study population consists of loan applicants who were marginally rejected by an MFI in Bosnia. A random subset of these were offered a loan. We provide evidence of higher self-employment, increases in inventory, a reduction in the...
Persistent link: https://www.econbiz.de/10013034586
This presentation is about poverty and redistribution in emerging economics. It was prepared for the Asian Development Bank’s Distinguished Speakers Program held on 25 October 2011 at the ADB Headquarters. Various types of poverty alleviation programs are discussed, and the central role of...
Persistent link: https://www.econbiz.de/10014173233
Does the mere presence of big banks affect macroeconomic outcomes? In this paper, we develop a theory of granularity (Gabaix, 2011) for the banking sector, introducing Bertrand competition and heterogeneous banks charging variable markups. Using this framework, we show conditions under which...
Persistent link: https://www.econbiz.de/10010225567
Does the mere presence of big banks affect macroeconomic outcomes? Gabaix (2011) shows that idosyncratic shocks can have aggregate effects if the distribution of firm sizes in manufacturing follows a power law distribution. Our contribution is two-fold. First, we expand the theory of granularity...
Persistent link: https://www.econbiz.de/10010336792