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This study aims to assess the microfinance institutions’ (MFIs’) efficiency in the West African Economic and Monetary … (where MFIs reach the population that the banks cannot), we ask whether these reforms have promoted sustainability or … financial efficiency on the other hand. Our results show that sustainability prevails. Indeed, we observe an increase in …
Persistent link: https://www.econbiz.de/10011260252
the trade-off between the sustainability and depth of outreach of the Microfinance Organizations (MFOs). We find evidence …The rise of commercialization in microfinance we have witnessed in the last two decades has revived the debate about … of such trade-off for the Peruvian MFOs (meaning that greater sustainability is attained at the expense of reducing the …
Persistent link: https://www.econbiz.de/10011113733
Since the Mexican Microfinance Institution (MFI) Compartamos went public in 2007 – whereby promoting NGOs and private … microfinance. They are mostly inspired by antagonists of MFIs growing into market driven enterprises. This antagonism has been … blended with contemplation about assumed “subprime issues” of microfinance. However, the sector showed a steady performance …
Persistent link: https://www.econbiz.de/10008531935
Financial development indicators are often applied to countries/regions without taking into account specific financial development realities. Financial depth in the perspective of monetary base is not equal to liquid liabilities in every development context. This paper introduces complementary...
Persistent link: https://www.econbiz.de/10009021966
Abstract Through a panel model, we studied the characteristics of the inflation targeting policy for a group of 15 …
Persistent link: https://www.econbiz.de/10011113983
the most challenging goals for most developing economies. Using Panel Least Square with Regional Dummies (LSDV) for a …
Persistent link: https://www.econbiz.de/10013233487
The classical canonical correlation analysis is extremely greedy to maximize the squared correlation between two sets … the dataset-2, the canonical correlation will be very high irrespective of the correlation among the rest of the variables …-Constrained Canonical correlation (RCCCA) Analysis has the Classical Canonical Correlation Analysis (CCCA) at its one end (λ=0) and the …
Persistent link: https://www.econbiz.de/10005836091
measures of correlation. The versatility of the method and its capability to obtain the most representative composite rank … also been found that rank ordering based on maximization of the sum of absolute values of the correlation coefficients of … solves the one problem, it gives rise to the other problem. The overall ranking of objects by maximin correlation principle …
Persistent link: https://www.econbiz.de/10005836581
correlation of the composite index with the constituent indices. Such an index is inclusive in nature and gives proper …
Persistent link: https://www.econbiz.de/10005837000
, and the question arises how the recently proposed concept of nominal correlation and regression (NCR) relates to it. (1 … regressions, NRC may show that the correlation still is low. (5) Risk difference regression may be a bridge to understand more …
Persistent link: https://www.econbiz.de/10005837360