Showing 1 - 10 of 399
the pure consumption economy. The geometrical analysis makes the interrelations between income, profit and employment …
Persistent link: https://www.econbiz.de/10011259823
This paper introduces a new monetary theory. A simple model is described in which a central bank sets the interest rate in a way that the excess demand for credits equals the preferred amount of money. It is compatible with the Keynesian liquidity preference theory and the neoclassical loanable...
Persistent link: https://www.econbiz.de/10011156995
This paper endeavours to assess the viability of the FONGS FINRURAL, a nascent network of 09 rural savings and credit … pertaining to each MFI. In the same vein, the network records an increase in savings collection which is however concentrated … records to its savings policy mainly based on high rate of compulsory savings (33%) as requirement for loan application …
Persistent link: https://www.econbiz.de/10011258176
The paper examines marketing patterns when interest and storage loss rates are greater in rural zones, representing informal sector storage usually on-farm, than in urban zones, representing formal sector storage off-farm. Empirical results indicate that divergences in interest and storage loss...
Persistent link: https://www.econbiz.de/10011212583
consumer credit, and marginal savings on insurance policy or consumer credit. Under price dispersion the indirect utility …When income growth under price dispersion reduces the time of search and raises prices of purchases, the increase in … credit. The optimal consumer decision represents the trade-off between the propensity to search for beneficial insurance or …
Persistent link: https://www.econbiz.de/10011267888
in which the banks learn the central bank’s true model and adjust their credit policies to existing regulatory regime …. However this adjustment also creates changes in the choice of credit. …
Persistent link: https://www.econbiz.de/10011271323
The paper looks at the impact of the exchange rate regime and the household’s choice of debt. One of the characteristics of economic transition in eastern European countries was an increase in overall debt holding. Standard economic theory assumes the relationship S=I. According to this...
Persistent link: https://www.econbiz.de/10011259026
building block of no-arbitrage pricing theory. Nowadays, in the modern financial world after the credit crunch, some Libors are …
Persistent link: https://www.econbiz.de/10011259157
Access to finance by the poor is a sine qua non for poverty reduction through economic development thereby driving inclusive growth which can further lead to sustainable growth. This study using adequate data covering pre and postliberalisation period from 1974-75 to 2007-08 in the Indian...
Persistent link: https://www.econbiz.de/10011259337
The study examines the socio-economic factors discriminating defaulters and non-defaulters of credit repayment. Multi … discriminating between non-defaulters and defaulters. The result revealed that per capita income from crop and milk production …, expenditure to total income, earning adults and off-farm income explained major share in discriminating the non-defaulters from …
Persistent link: https://www.econbiz.de/10011259440