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Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10009315472
This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced panel of 531 MFIs the important role of other institutions such as country-level business registry...
Persistent link: https://www.econbiz.de/10009007018
Persistent link: https://www.econbiz.de/10011552743
Microinsurance is an emerging concept protecting households from the potentially catastrophic expenditures associated with family related shocks. Therefore, this paper presents evidence on the determinants of insurance participation using probit models on household survey data from Sri Lanka,...
Persistent link: https://www.econbiz.de/10009124753
. -- Guaranteed Minimum Income ; ex ante evaluation ; labor market effects ; financial cost ; poverty alleviation ; public finance …
Persistent link: https://www.econbiz.de/10009721328
All over Europe, ageing populations threaten nations' financial sustainability. In this paper we examine the potential of immigration to strengthen financial sustainability. We look at a particularly challenging case, namely that of Denmark, which has extensive tax-financed welfare programmes...
Persistent link: https://www.econbiz.de/10010478966
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Persistent link: https://www.econbiz.de/10010382088
overdrafts - to finance business activities. Controlling for financial and non-financial household variables we show that self … that overdrafts are used by self-employed to finance their business as well. This indicates that intermingling constitutes … a financing strategy when regular business loans might not be accessible. -- small business finance ; consumer credit …
Persistent link: https://www.econbiz.de/10009517869
This paper examines the empirical link between severance pay and corporate finance. Severance pay is an economic debt …
Persistent link: https://www.econbiz.de/10002482572