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microfinance borrowers. The paper posits that social capital - social relations that facilitate individual action – is essential …
Persistent link: https://www.econbiz.de/10010745098
microfinance institution in India. The experiments confirm the theoretical predictions that joint liability creates two …Few microfinance-funded businesses grow beyond subsistence entrepreneurship. This paper considers one possible … explanation: that the structure of existing microfinance contracts may discourage risky but high-expected return investments. To …
Persistent link: https://www.econbiz.de/10010746368
This paper analyzes the theoretical underpinnings of high-frequency repayment, a feature in nearly all microfinance …
Persistent link: https://www.econbiz.de/10011125892
shed light on an apparent shift away from joint liability lending towards individual liability lending by some microfinance …
Persistent link: https://www.econbiz.de/10011126231
Motivated by recent controversies surrounding the role of commercial lenders in microfinance, we analyze borrower …
Persistent link: https://www.econbiz.de/10011126412
We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors....
Persistent link: https://www.econbiz.de/10011126475
We show that in an open-economy OLG model, the interaction between growth differentials and household credit constraints, more severe in fast-growing countries, can explain three prominent global trends: a divergence in private saving rates between advanced and emerging economies, large net...
Persistent link: https://www.econbiz.de/10011071411
the Philippines and India, and especially the choice between the technologies of incineration, pyrolysis and …
Persistent link: https://www.econbiz.de/10010884601
Persistent link: https://www.econbiz.de/10010884721
studies of credit in rural India. …
Persistent link: https://www.econbiz.de/10010928701