Similar Search Results

Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation

Philippon, Thomas - 2012

I provide a quantitative interpretation of financial intermediation in the U.S. over the past 130 years. Measuring separately the cost of intermediation and the production of financial services, I find that: (i) the quantity of intermediation varies a lot over time; (ii) intermediation is...

Persistent link: https://www.econbiz.de/10012460582

Regional Economic Development and Mexican Out-Migration

Unger, Kurt - 2005

in Mexico due to migration. The principal hypothesis of this study is that remittances, knowledge and experience … remittances and socioeconomic conditions of the communities. In a third section the effect over time is estimated, relating per … time between high and low migration municipalities in the North and South of Mexico. As well, we find a positive and …

Persistent link: https://www.econbiz.de/10012467247

Value Chain Microfinance

Casaburi, Lorenzo; Willis, Jack - National Bureau of Economic Research - 2024

value chain relationships: value chain microfinance (VCMF). We first explore how VCMF can both overcome barriers to … microfinance studying the demand for and effects of VCMF in credit, insurance, and savings markets. We conclude by highlighting …

Persistent link: https://www.econbiz.de/10014468284

Research and impacts of digital financial services

Karlan, Dean; Kendall, Jake; Mann, Rebecca; Pande, Rohini; … - 2016

A growing body of rigorous research shows that financial services innovations can have important positive impacts on wellbeing, but also that many do not. We first describe the latest evidence on what works in financial inclusion. Second, we summarize research on key financial market failures...

Persistent link: https://www.econbiz.de/10011542935

Why Has the U.S. Financial Sector Grown so Much? The Role of Corporate Finance

Philippon, Thomas - 2007

The share of finance in U.S. GDP has been multiplied by more than three over the postwar period. I argue, using evidence and theory, that corporate finance is a key factor behind this evolution. Inside the finance industry, credit intermediation and corporate finance are more important than...

Persistent link: https://www.econbiz.de/10012465229

Hope as Aspirations, Agency, and Pathways : Poverty Dynamics and Microfinance in Oaxaca, Mexico

Lybbert, Travis J. - 2016

experimental study based on a hope intervention in Oaxaca, Mexico among 601 indigenous women with access to microfinance loans. Our …

Persistent link: https://www.econbiz.de/10012456019

Microcredit Impacts : Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco

Angelucci, Manuela - 2014

estimate impacts from an expansion of group lending at 110% APR by the largest microlender in Mexico. Average effects on a rich …

Persistent link: https://www.econbiz.de/10012458835

Win Some Lose Some? Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco

Angelucci, Manuela - 2013

estimate impacts from an expansion of group lending at 110% APR by the largest microlender in Mexico. Average effects on a rich …

Persistent link: https://www.econbiz.de/10012459542

Long-Run Price Elasticities of Demand for Credit : Evidence from a Countrywide Field Experiment in Mexico

Karlan, Dean - 2013

lending practice. We use randomized interest rates, offered across 80 regions by Mexico's largest microlender, to identify a …

Persistent link: https://www.econbiz.de/10012459555

Banking and Insurance

Haubrich, Joseph G. - 1984

This paper studies the economic role of financial institutions in economies where agents' incomes are subject to privately observable, idiosyncratic random events. The information structure precludes conventional insurance arrangements. However, a financial institution -- perhaps best viewed as...

Persistent link: https://www.econbiz.de/10012477783

1
2
3
4
5
6
7
8
9
10
Next
Last