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A dynamic process underlying firms' discrete financial choices has previously been found, but without controlling for unobserved heterogeneity, this dependence can either be of a true nature or an effect of firm-specific characteristics that we cannot observe. This study extends previous...
Persistent link: https://www.econbiz.de/10010321743
This paper analyses the role of banks in financing SMEs in Britain and Germany. It applies a sociological institutionalist approach to understand how banks construct and manage risk, relating to SME business. The empirical analysis is based on the results of a comparative survey of a sample of...
Persistent link: https://www.econbiz.de/10013102832
offered through institutional demand: reliable income generation for targeted smallholders and expanded food availability for …
Persistent link: https://www.econbiz.de/10012030411
With a surface area of 1,267,000 square kilometres, Niger is a vast Sahelian country located in the south of the Sahara Desert, which covers over two thirds of its land. In 2015, it had an estimated population of 17 million inhabitants and a particularly high growth rate of 3.3 per cent. It is...
Persistent link: https://www.econbiz.de/10012030413
areas than any other institution in Uganda. With minimum deposits of $6 and minimum loans of $30, access barriers are low … Uganda as a trust fund in 1983, it developed a strength in savings mobilization but performed poorly as a financial … the most successful financial intermediary in Uganda. This has made the bank the African flagship of rural and …
Persistent link: https://www.econbiz.de/10010297104
Uganda, where 85 % of the population live in rural areas, has experienced a rapid rise of rural and microfinance over … expansion of sustainable financial services to women is best achieved in Uganda not through women-only programs, but by a broad … MFIs and banks; and the development of gender-sensitive strategies in different culture areas of Uganda based on the …
Persistent link: https://www.econbiz.de/10010297196
The Uganda Microfinance Union (UMU) has become one of Uganda?s leading microfinance institutions. It began four years …
Persistent link: https://www.econbiz.de/10010297197
areas than any other institution in Uganda. With minimum deposits of $6 and minimum loans of $30, access barriers are low … Uganda as a trust fund in 1983, it developed a strength in savings mobilization but performed poorly as a financial … the most successful financial intermediary in Uganda. This has made the bank the African flagship of rural and …
Persistent link: https://www.econbiz.de/10010300077
We study the effect of civil conflict on social capital, focusing on the experience of Uganda during the last decade …
Persistent link: https://www.econbiz.de/10010316943
We explore the intertwined dynamics of asset prices and the macroeconomy in a Behavioural model of Credit Cycles (BCC) characterized by a credit friction à la Kiyotaki and Moore and heterogeneous expectations cum heuristic switching à la Brock and Hommes. This behavioural approach allows to...
Persistent link: https://www.econbiz.de/10014550320