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This paper examines the effects of providing financial services to low-income individuals on entrepreneurial activity, employment, and income. The analysis exploits cross-time and cross-municipality variation in the opening of Banco Azteca in Mexico to measure these effects with a...
Persistent link: https://www.econbiz.de/10012551905
finance in countries with stronger rule of law and better credit information, and that the reliance of young firms on informal … finance decreases with the availability of credit information. Overall, the results suggest that improvements to the legal … environment and availability of credit information are disproportionately beneficial for promoting access to formal finance by …
Persistent link: https://www.econbiz.de/10012551540