particular spin to this conclusion by showing that investment decisions at the firm level are also explained by the restoration …, perhaps the most relevant result is the confirmation that in Colombia, investment decisions are negatively affected by the …

also developed a summary index of the efficiency of investment allocation that measures whether, and to what extent …, investment funds are going to firms with a higher marginal return to capital. Then it was examined the relationship between this … has led to an increase in the efficiency with which investment funds are allocated. …

beneficiaries of micro-credit programs with non-beneficiaries with similar characteristics. Using propensity score and matching …

are distorted even when credit constraints do not bind. Sudden Stops are a property of the unique, flexible …

problem among newly created SMEs that have a scant credit record and frequently lack collateral. The authors of this paper … carried out a pilot test of an innovative psychometric tool aimed at evaluating credit risk among SME clients of Banco Ciudad … repayment records to determine if psychometric-based credit scoring models could help ameliorate the constraints to SME finance …

beneficiaries of micro-credit programs with non-beneficiaries with similar characteristics. Using propensity score and matching …

the financial services offered by a range of institutions, including commercial banks, credit unions, and nongovernmental … institutions within and across countries. It shows that, in addition to nongovernmental organizations, credit unions and some … commercial banks, can and do provide appropriate savings, credit, and other financial services to microentrepreneurs in general …