El objetivo de este estudio es hacer una evaluación cuantitativa del impacto que la expansión del microcrédito ha tenido sobre crecimiento de la actividad económica en las regiones peruanas. Teniendo como marco conceptual la teoría desarrollada sobre el vínculo entre el crecimiento...

This study aims to assess the social efficiency of microfinance institutions (MFIs) —regulated and non-regulated— in Peru. Social efficiency is referred to the capacity of MFIs to produce more social outputs —number of poor clients and women served— without using more resources. The Data...

Using a matched firm-worker dataset, we show both theoretically and empirically that positive assortative matching between firms and workers leads to an underestimation of the absolute value of wage elasticity of labor demand.

The main objective of this research is to identify the variables that affect the Peruvian Microfinance Institutions' (MFI) delinquency. The relative irnportance of three kinds of variables is analyzed. First, aggregate or macroeconomic variables related to Peruvian economic activity (GDP,in...

Using a matched firm-worker dataset, we show both theoretically and empirically that positive assortative matching between firms and workers leads to an underestimation of the absolute value of wage elasticity of labor demand.

"To assess the employment effects of labor costs, it is crucial to have reliable estimates of the labor cost elasticity of labor demand. Using a matched firm-worker data set, we estimate a long-run unconditional labor demand function, exploiting information on workers to correct for endogeneity...