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There is wide agreement the US student loan system faces significant problems. Seven million borrowers are in default and many more experience non-repayment. The stress of repayments faced by many students results at least in part from the design of US student loans. Specifically, loans are...
Persistent link: https://www.econbiz.de/10011820067
that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings. …
Persistent link: https://www.econbiz.de/10011493763
We estimate a structural model of borrowing and lending in the illegal money lending market using a unique panel survey …
Persistent link: https://www.econbiz.de/10013262951
This paper examines the potential costs and benefits associated with a risk-sharing policy imposed on all higher education institutions. Under such a program, institutions would be required to pay for a portion of the student loans among which their students defaulted. I examine the predicted...
Persistent link: https://www.econbiz.de/10010488238
Agricultural credit is one of the most crucial inputs in all agricultural development programmes. Access of rural … credit has still remained scarce in India. Primary Agriculture Credit Societies (PACS) working at grass-root level, having … institution. The present study examines the recovery performance of rural credit given by PACS in six different regions of India …
Persistent link: https://www.econbiz.de/10010379210
imperfections are pervasive, and resources are scarce. Relaxing credit constraints can increase the productivity of microenterprises …. Using a field experiment involving agricultural microenterprises in Bangladesh, we estimated the impact of access to credit …) and technical efficiency changes. We found that relative to the baseline rice output per decimal, access to credit …
Persistent link: https://www.econbiz.de/10012058453
Using a unique panel of household businesses for Vietnam, this paper sheds light on the links between households' and …
Persistent link: https://www.econbiz.de/10011596173
We use administrative panel data on about a quarter of a million students in the German state of Hesse to estimate the …
Persistent link: https://www.econbiz.de/10011775947
context of increasing urban poverty in Nairobi, Kenya. The findings indicate that households who migrated together with their … ; incidental truncation ; informal settlements ; Nairobi ; Kenya …
Persistent link: https://www.econbiz.de/10003729414
This paper examines the performance of minimum wage legislation in Kenya, both in terms of its coverage and enforcement … ; Kenya …
Persistent link: https://www.econbiz.de/10003666473