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This paper argues that the relation between temptations and the level of consumption plays a key role in explaining the observed behaviors of the poor. Temptation goods are defined to be the set of goods that gen- erate positive utility for the self that consumes them, but not for any previous...
Persistent link: https://www.econbiz.de/10008505784
There are many misconceptions on what behavioral economics is. This is essay clearly says what is behavioral economics. [CGD essay].
Persistent link: https://www.econbiz.de/10010945354
The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a situation is a far cry from the optimism and grand vision that marked its launch. This...
Persistent link: https://www.econbiz.de/10009493971
The recent global financial crisis (2007-09) has clearly highlighted the gravity of high financial inter-connectedness within the financial system. In the Indian context, this brief study attempts to explore the financial inter-connectedness between NBFCs (both deposit taking and non-deposit...
Persistent link: https://www.econbiz.de/10009393107
The data presented covers information relating to savings of Self Help Groups (SHGs) with banks as on 31 March 2010 …
Persistent link: https://www.econbiz.de/10009321462
Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-
Persistent link: https://www.econbiz.de/10009250471
The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financial “activity†rather than the “size†of the sector plays a more significant...
Persistent link: https://www.econbiz.de/10011133124
Budget Speech by Chidambaram.
Persistent link: https://www.econbiz.de/10011133272
This study is an attempt to assess the importance and potential impact of any further development of the credit cooperative sector; identify development interventions that will result in a strong Filipino credit cooperative financial system; formulate policy recommendations that will support the...
Persistent link: https://www.econbiz.de/10009493967
When households increase their deposits in formal bank savings accounts, what is the source of the money? High … deposits directly from households each week. In this context, the headwaters of formal savings are to be found in sacrificed … leisure time: households work more and work more on the wage market when savings options improve. These results suggest that …
Persistent link: https://www.econbiz.de/10010961566