stylized facts from Bangladesh show that microfinance institutions pay a premium on commitment savings with respect to flexible …

This paper is the first to draw a global picture of worldwide microfinance equity by taking full advantage of daily … quoted prices. We revisit previous findings showing that investors should consider microfinance as a self-standing sector …. Our results are threefold. First, microfinance has become less risky and more closely correlated with the financial sector …

Using data from Bangladesh, this paper finds that the liquidity premium—the difference between the interest paid on … illiquid and liquid savings accounts—is higher in commercial banks than in microfinance institutions. One possible …

This paper aims at gaining deeper understanding of the possible effects of combined microfinance (CMF) on social and …

microfinance (CMF)- can both leverage and challenge policy outcomes. This paper reviews two complementary questions in this regard …

Using data from 319 microfinance institutions (MFIs) in 68 developing countries, we study the degree to which …

microfinance institutions. We provide empirical evidence on the distribution of the generated surplus between the key stakeholders …

This paper draws a global picture of worldwide microfinance equity. Taking full advantage of daily quoted prices of … microfinance stocks from their issuance, we construct microfinance country equity indices and an international global microfinance … national indices. Our findings show that microfinance has been closely correlated with the financial sector since 2003. In …