Showing 1 - 10 of 1,109
The move from the originate-to-hold to originate-to-distribute model of lending profoundly transformed the functioning of credit markets and weakened the natural asset transformation function performed by financial intermediaries for centuries. This shift also compromised the role of banks in...
Persistent link: https://www.econbiz.de/10009372586
In introducing Islamic banking in Malaysia, the basic strategy was to replicate the products/ services offered by conventional banks. The successful implementation of such a strategy has meant that Malaysia today has a truly dual banking system. Islamic banks in Malaysia not only have product...
Persistent link: https://www.econbiz.de/10005623345
This paper aims to characterize the behavior of economic agents on Sub-Saharan Africa’s credit market in order to understand the financial exclusion of poor households. Through its theoretical approach, it gives a description of the functioning of the credit market. By considering the social...
Persistent link: https://www.econbiz.de/10011259545
This study focuses on the credit market in the Czech Republic. The aim of this paper is to carry out an econometric investigation of supply and demand on the credit market and to predict the development in the future. The first part of the paper briefly characterizes the credit market in the...
Persistent link: https://www.econbiz.de/10005790143
We study the implication of credit constraints for the sustainability of product market collusion in a bank financed Cournot duopoly when firms face an imperfect credit market. We consider two situations without or with credit rationing. When there is no credit rationing moderately higher cost...
Persistent link: https://www.econbiz.de/10011108211
This study is based on the results of the non-monetary poverty estimation of the beneficiaries of microfinance in Mali … microfinance program could involve a reduction in the poverty gap between men and women beneficiaries. …
Persistent link: https://www.econbiz.de/10011258607
This paper provides a brief but comprehensive overview of microfinance academic literature with emphasis on recent … innovations, trends and efficiency. In particular, we focus on controversial issues of microfinance, such as commercialization … reviewed literature underline the great improvement in the microfinance field that, however, has not reached its full potential …
Persistent link: https://www.econbiz.de/10011258789
This paper attempts to assess whether participation in a microfinance program helps households generate personal … savings, as distinct from savings through compulsory contributions to the program. We consider a microfinance program … participating in the microfinance program and a “control group” of non-participating households of similar characteristics. Using …
Persistent link: https://www.econbiz.de/10011259347
This paper not only addresses how linkages, direct and facilitating linkages, can benefit microfinance institutions …, could increase the desired effects, efficiency and impact of microfinance in selected jurisdictions. In so doing, it …
Persistent link: https://www.econbiz.de/10011259552
We study the optimal regulation of a cooperative credit society which has private information on the intrinsic quality of its loan portfolio (adverse selection) and where the cooperative’s choice of effort to improve this quality cannot be observed by the regulator (moral hazard). We...
Persistent link: https://www.econbiz.de/10011259760