Showing 1 - 10 of 31
This paper assesses the consequences of implementing a joint liability debt system in a two-country small open economy model. With joint liability a default of one country makes the other participant liable for its debt. The results highlight a trade-off between the contagion risk, in the sense...
Persistent link: https://www.econbiz.de/10012859524
This study collaborated with the Entrepreneurial Finance Lab and a large bank in Peru to use psychometrics for small and medium-size enterprise lending. Applicants used a psychometric tool and those who achieved a score higher than a threshold were offered a loan. Using a regression...
Persistent link: https://www.econbiz.de/10012931648
Many microenterprises in developing countries have high returns to capital, but also face risky revenue streams. In principle, equity offers several advantages over debt when financing investments of this nature, but the use of equity in practice has been largely limited to investments in much...
Persistent link: https://www.econbiz.de/10012889427
constrained. This paper analyses whether, and how, micro-finance supports a large public health subsidy program in the developing … a cluster randomised controlled experiment of a sanitation micro-finance program that coincided with the launch of the …
Persistent link: https://www.econbiz.de/10012871012
In democracies, innovative political institutions have opened up scope for direct public participation often in the form of talk: citizens talking to the state and mutual talk among citizens on matters concerning community development. A prominent example is the Indian gram sabha, or village...
Persistent link: https://www.econbiz.de/10012970986
Self-help groups (SHGs) are the most common form of microfinance in India. The authors provide evidence that SHGs …
Persistent link: https://www.econbiz.de/10012971175
This paper investigates whether the utilization of microcredit programs has a significant impact on the income and net worth of the participants. Several micro finance institutes are optimistic on the beneficial effects of microcredit programs. Others describe microcredit with interest rates in...
Persistent link: https://www.econbiz.de/10012972708
In recent years there has been a rapid increase in the presence and growth of greenfield microfinance institutions in … Sub-Saharan Africa. This paper uses regressions to benchmark those African greenfields relative to other microfinance … comparable to the top microfinance institutions, and substantially increased their lending to women. The effects were especially …
Persistent link: https://www.econbiz.de/10012972746
Bangladesh. With the phenomenal growth of microfinance institutions representing 30 million members with over $2 billion of … from microfinance institutions, but this has rather helped raise assets and net worth more than it has contributed to …
Persistent link: https://www.econbiz.de/10012973369
"The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence," by David Roodman and Jonathan Morduch (2014) (henceforth RM) is the most recent of a sequence of papers and web postings that seeks to refute the findings of the Pitt and Khandker (1998; henceforth PK) article "The...
Persistent link: https://www.econbiz.de/10012973426