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This article examines the determinants of the nominal value of loans in microcredit and the factors that drive long-term relationship banking. The dataset is drawn from primary data gathered from 216 randomly selected borrowers in a Cambodian microfinance institution. Analysis is performed using...
Persistent link: https://www.econbiz.de/10013008158
innovations in this paper is to take explicit account of rainfallvariations that play a very important role in the Indian economy …. This allows us todetermine whether the Indian economy has become less dependent on the monsoons(`drought proof'). It also …
Persistent link: https://www.econbiz.de/10011807532
There has been increased emphasis on the linkages between international migration and development at international, regional and national levels in the past two decades. This recognition of migration as a developmental tool has generated calls for mainstreaming migration in development with some...
Persistent link: https://www.econbiz.de/10013028369
, due to relatively lower entry barriers, including formal requirements, compared to the traditional economy. However, the … addresses this gap by analysing the presence of migrants and their work patterns in the European platform economy, using …-migrant platform workers in their experiences with the platform economy in terms of earnings, hours worked and the use of one or …
Persistent link: https://www.econbiz.de/10015054208
In recent years there has been an upsurge of interest among growth economists in General Purpose Technologies (GPTs). A GPT can be defined as "a technology that initially has much scope for improvement and evntually comes to be widely used, to have many uses, and to have many Hicksian and...
Persistent link: https://www.econbiz.de/10005870597
This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant macroeconomic variables are identified by systematically...
Persistent link: https://www.econbiz.de/10010293266
Several countries around the world have adopted the inflation targeting regime for monetary policy. Despite the growing literature on the issue, it is not clear whether developing and emerging countries can improve their economic performance by adopting inflation targeting. This working paper...
Persistent link: https://www.econbiz.de/10010293308
This paper provides derivations necessary for solving an optimal consumption problem with multiplicative habits and a CRRA 'outer' utility function either for a microeconomic problem with both labor income risk and rate-of-return risk or for a macroeoconomic representative agent model.
Persistent link: https://www.econbiz.de/10010293504
In this paper we investigate the long-run and short-run relationship between housing investment and economic growth in China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric techniques for panel unit root testing and heterogeneous...
Persistent link: https://www.econbiz.de/10010321479
While studies of the relationship between economic freedom and economic growth have shown it to be positive, significant and robust, it has rightly been argued that different areas of economic freedom may have quite different effects on growth. Along that line, Carlsson and Lundström (2002)...
Persistent link: https://www.econbiz.de/10010321548