Showing 1 - 10 of 293
: they can become entrepreneurs. Using very small-scale (NUTS-3) administrative data on immigrants' location in Italy, the … local presence of immigrant entrepreneurs (i.e. firms owned by foreign-born entrepreneurs) in the manufacturing sector, and … relationship going from diasporas and immigrant entrepreneurs towards export flows. Both the size of the diaspora and the number of …
Persistent link: https://www.econbiz.de/10012929085
This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...
Persistent link: https://www.econbiz.de/10013136775
barrier limiting the ability of aspiring entrepreneurs to create small businesses, these programs are designed to alleviate …
Persistent link: https://www.econbiz.de/10013137555
This paper argues that the level of financial services provision determines the risk management strategies among the poor. The paper estimates the determinants of the household's use of one, two or all three types of microfinancial services applying ordered probit models and additionally probit...
Persistent link: https://www.econbiz.de/10013138260
Microcredit is an innovative financial tool designed to reduce poverty and fix credit market imperfections. We use experimental measures of time discounting and risk aversion for villagers in south India to highlight behavioral features of microcredit. Conditional on borrowing from any source,...
Persistent link: https://www.econbiz.de/10013069930
In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate...
Persistent link: https://www.econbiz.de/10013158049
entrepreneurs in the rationing behavior of the microfinance companies. This is what we should expect if the policy is effective. Our …The study aims at testing the Ghana Microfinance Policy set up to support the vulnerable through access to credit. We … results show that even after controlling for a large number of borrower characteristics, microfinance type and credit …
Persistent link: https://www.econbiz.de/10012979861
microfinance type based on the major factors determining micro, small and medium enterprises' access to credit from microfinance … institutions in the era of financial liberalization. The data for the study were gleaned from fourteen microfinance institutions … rationing is not influenced by the microfinance types but by the individual microfinance institutions …
Persistent link: https://www.econbiz.de/10013023752
This paper examines the impact of micro-credit on employment. Household-level data was collected, following a quasi-experimental design, in Bangladesh and Pakistan. Three borrower groups are compared: Current borrowers; Pipeline borrowers and Non-borrowers. Pipeline borrowers are included to...
Persistent link: https://www.econbiz.de/10012986762
Theory and evidence have raised concerns that microcredit does more harm than good, particularly when offered at high interest rates. We use a clustered randomized trial, and household surveys of eligible borrowers and their businesses, to estimate impacts from an expansion of group lending at...
Persistent link: https://www.econbiz.de/10013063643